Reports: Adam Thielen restructures contract to create cap space for Vikings

Minnesota remains pressed against the salary cap.
Author:
Updated:
Original:
Adam Thielen

After reportedly spending $10 million to sign former Pro Bowl cornerback Patrick Peterson to a one-year contract on Wednesday, the Minnesota Vikings have chipped away at their growing salary cap by restructuring wide receiver Adam Thielen's contract. 

According to ESPN's Courtney Cronin, part of Thielen's 2021 base salary was converted to a signing bonus, which saves the Vikings more than $8 million against the cap. 

Thielen's base salary in 2021 is now $5.698 million, down from $13.468 million, per Cronin. 

The restructure leaves the Vikings with just enough salary cap space to sign their 2021 draft class, according to Chad Graff of The Athletic. Graff notes that Minnesota can create more cap space by signing safety Harrison Smith to a contract extension. 

Next Up

aircraft-2385194_1280

Pair escape uninjured as plane crashes moments after takeoff

It crashed about a half mile southwest of Faribault Airport.

Screen Shot 2021-04-22 at 4.12.50 PM

For The Week: Making cocktails at home? Here's how to do it right

Lindsay Guentzel's For The Week column features simple food and drink tips.

coronavirus, covid-19

Mayo Clinic study provides 'best guess' about pandemic's future in MN

Minnesota could be seeing decreasing numbers into the summer if the study is correct.

daunte wright funeral - siblings

Mourners remember Daunte Wright, plead for justice

Wright was killed by a now-former Brooklyn Center police officer on April 11.

covid

HealthPartners: COVID hospitalizations driven by unvaccinated, middle aged adults

The health provider says the average age of its hospitalized patients is trending downwards.

Andrew Thomas booking photo

Man suspected of shooting at National Guard in Minneapolis faces more charges

He has now been charged in Hennepin County District Court with more serious crimes.

wetlands

Investigation finds EPA mishandled oversight for PolyMet mine permits

A new report found the EPA didn't follow its own procedures when it submitted comments on the proposed project.

baseball

MDH's new COVID guidance urges weekly testing for those involved in sports

Those not involved in school sports are still advised to get tested every two weeks.

Trey Lance

With loaded QB draft class, now is the time for Vikings to act

With a strong class, this year might be the time to select Kirk Cousins' successor.

Related

Report: Griffen restructures contract to create cap space

Griffen had 5.5 sacks in 11 games last season.

Riley Reiff

Report: Reiff won't be cut, restructures contract with Vikings

The left tackle had said his goodbyes to his teammates.

Garrett Bradbury

Bradbury signs after Kendricks reportedly restructures contract

Minnesota only had about $660,000 in cap space entering Tuesday.

Adam Thielen

Vikings injury report: Thielen in, Mattison out

Thielen is finally ready to play after suffering a hamstring injury in October.

Anthony Barr

Report: Vikings working on restructured contract with Anthony Barr

The restructure would reduce his salary while making him a free agent in 2022.

Adam Thielen

Report: Thielen 'highly unlikely' to play Thursday night

Thielen injured his hamstring against Detroit.

Danielle Hunter, Everson Griffen

Griffen leaving Vikings; Hunter restructures contract

Hunter's name appeared on the NFL's transactions report on Friday.