ratoppenheimer
Posts: 9563
Joined: 12/9/2007
From: cascais, portugal...still in exile
Status: offline
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. . below is an explanation of hunter's revised contract - imo it looks very advantageous for the Vikings, the details not being what many journalists had described...the new deal is through the 2023 season like before...the balance on the new deal is the exact amount that was on the original contract, but we're giving much of it to hunter upfront - $5m+ in 2021 and $18m in 2022 - to keep the salary cap hits low, the $18m can be converted into a signing bonus that is spread out through the remaining '22 and '23 years and two dead years beyond that.... people talk about it like they expect the vikings and hunter's people to work out another new deal in early 2022, but if that doesn't happen this deal will suffice.... Hunter’s deal originally had three years remaining, and in the reworking Corry said the Vikings added two voidable years, but that they have added no new money. Most notably, the Vikings moved $7.25 million of salary from 2023 to 2022 and provided an $18 million roster bonus due on the fifth day of the new league year next March. Corry said the $18 million could end up being converted to a signing bonus and spread out over four years. It’s likely the deal will be redone again in some manner by next March. But in the event there are issues with negotiations, Corry said there is language in the contract likely eliminating any possibility of a 2022 holdout by Hunter. “If they’re at an impasse, they’re miles apart, they’ll convert the ($18 million) bonus and then go from there,” Corry said on the podcast. “And he’s now boxed himself in where he will lose this $18 million if he has a training-camp holdout. Smart move by the Vikings. … They didn’t give him a hammer of leverage where they’re basically at his mercy and have to do what he wants to get done, and otherwise they have to cut him.” NFL Media previously reported some details on Hunter’s contract. Corry confirmed Hunter will have $5.6 million of his $12.15 million base salary in 2021 converted to a signing bonus. Because two voidable years were added to the deal, there will be $1.12 million counting on the salary cap in each of next five seasons through 2025, enabling Minnesota to save $4.48 million on the cap in 2021. Corry said on the podcast that Hunter’s cap number will drop from $17.25 million to $12.77 million in 2021. He said the Vikings will pay his $100,000 workout bonus even though he missed OTAs and will guarantee a $500,000 roster bonus he has for games played. So that leaves him with all of his $12.75 million guaranteed in 2021 after previously having just $3.3 million guaranteed. Although Hunter’s contract is likely to be reworked by next March, Corry said Hunter is now on the books for a $26.12 million cap number in 2022, but it could be dropped to $12.62 million if the $18 million roster bonus is turned into a signing bonus and spread out. In addition to the $18 million, Hunter also has on the books in 2022 a $1.4 million base salary, a $500,000 roster bonus for games played and a $100,000 workout bonus. Corry said Hunter is now on the books in 2023 for a $4.9 million base salary, $500,000 games-played bonus and a $100,000 workout bonus for a total of $5.5 million. Corry said a total of $38.25 million had been left on Hunter’s contract before the reworking, and that hasn’t changed. With the Vikings saving $4.48 million on the cap for 2021, they now have about $14.8 million of cap room. That number will drop to about $14.5 million when third-round draft picks Chazz Surratt, Wyatt Davis and Patrick Jones II are signed since they will displace other players on Minnesota’s top-51 salary list.
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the journey...is paradise.
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