Eric Kendricks gets $15 million in year one of new deal

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The new five-year contract given to Vikings linebacker Eric Kendricks pays out, on average, $10 million per year. In the first year, however, Kendricks will get a lot more than that.

Per a source with knowledge of the situation, Kendricks will receive $15 million in the first year of the new deal. Through the second year, the total payout will be $22.5 million. He gets $31.5 million over three, $40.5 million over four, and the full $50 million over five.

Of that amount, $25 million is guaranteed. It’s still unclear how much is fully guaranteed at signing, but a source says the signing bonus is $10.5 million.

Kendricks could be the first of several key Vikings players who get long-term deals. Eventually, the salary cap will be an issue — especially with quarterback Kirk Cousins chewing up a total of $84 million over the next three seasons.

15 responses to “Eric Kendricks gets $15 million in year one of new deal

  1. Sounds smart to front load while the Vikings have the cap space….by the end of the contract the cap hit will be very manageable.

  2. Great move for the Vikings but I was honestly a little surprised that Kendricks was signed first after hearing the plethora of players that we’d possibly have trouble signing (ie: Diggs, Barr, Hunter, Waynes). I’m sure there are unlimited avenues of how these players contracts can be structured. Its been a solid offseason thus far, hoping we draft wise and provide more depth for both sides of the line. The draft may be a tell tale sign of which of the above listed players may be let go next offseason.
    Knibb High Football Rules!

  3. Draft a linebacker. Barr was overdrafted, overrated and completely inconsistent. Better one now locked up.

  4. montanapredator says:
    April 16, 2018 at 5:09 pm
    Draft a linebacker. Barr was overdrafted, overrated and completely inconsistent. Better one now locked up.
    ————————————

    I don’t get this narrative that Barr isn’t worth the money. 6’5” 260 lbs and run a 4.6 forty. His freakish size and speed can’t just be replaced by a rookie unknown. He is asked to do a lot of different things in Zims defense that sometimes doesn’t show up on a stat sheet. Kendricks gets more tackles as well he should when playing inside. But I can guarantee you every QB and OC are finding where Barr is on every play. He had a down year two years ago but played great last year and took over a few games. He will get paid and deserves it.

  5. Sounds smart to front load while the Vikings have the cap space….by the end of the contract the cap hit will be very manageable.
    ________________

    It’s not front-loaded.

    If the numbers cited are correct his salary is 4.5M in year 1, 7.5M yr 2; 9M yrs 3 and 4, and 9.5M in yr5.

    He gets 10.5M upfront, so that adds 2.1M to his salary cap number each year (10.5/5).

  6. I don’t understand all this sign Hunter and let Barr walk. Barr had a great year last year. He made more plays than Hunter did. Hunter was a disappointment if you ask me last year as a starter. He made more plays coming off the bench.

  7. No dude, it’s says he gets 10.5 in year one. Bringing the average annual of the following years go down. All of these extensions will be loaded up on this year, as we need them to be. I honestly have belief, for some reason, that they’ll find a way to get these guys signed, and that these players will find a way to make it work as much as the team will. I think all of them want to continue to be in minnesota. Diggs especially, he’s been a star on these teams with a circus of qbs and now he has a shot to continue being a member of an elite duo of wrs who finally have a qb that could give them a leg up to get to the next step of how great diggs can be. And the defensive players definitely want to stay. Being a star member of the best defense in the league is a great way to ensure that you continue to have a pretty nice contract and stay relevant in this league. It’s really difficult to switch teams on defense and learn a whole new system and manage to find your place in a foreign system. It’s not easy to do what Anthony Barr does when you don’t know the guys around you and the coaching staff the way these guys do.

  8. vikingsanalysis says:
    April 18, 2018 at 6:07 pm

    No dude, it’s says he gets 10.5 in year one. Bringing the average annual of the following years go down. All of these extensions will be loaded up on this year, as we need them to be

    *************

    Prorated Bonus

    “I saved this for last because it is the money that seems to cause the most confusion when people look at the cap.

    For the most part prorated money is what is referred to as a signing bonus in the press. It is essentially a lump sum bonus that is considered paid out when a contract is signed or an option invoked, though in reality the payout occurs over a period of time…….

    For those of us who have ever taken an accounting course think of this money as a depreciation schedule on an asset.” I cannot explain it better than that. But I assure you you are currently operating under a misconception. Cheers.

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