Vikings receiver Michael Jenkins took a pay cut recently, dropping his 2012 salary from $2.5 million to $1 million.
As bad as that sounds, it’s still better than $0.
According to Tom Pelissero of 1500ESPN.com, Jenkins agreed to the “restructuring” last week, giving him a much better chance of making the roster and collecting that $1 million.
His 2013 salary was also dropped from $2.5 million to $825,000, with the opportunity to make it back in a yeah-right roster bonus of $2.425 million, up from the original $750,000.
The 30-year-old Jenkins might not have been a lock to make the roster anyway, but this likely buys him a year. The Vikings performed a similar extraction on receivers Bernard Berrian and Greg Camarillo in 2011, and both made the roster and earned those reduced wages.
The Vikings aren’t loaded with receiving options (especially during Jerome Simpson’s three-game suspension), so there’s probably a spot now for the guy who caught 38 balls last year.