Gotta Love It: It's AC (All Cash) For AD
Former OU star Adrian Peterson isn't just making himself a star on the pro football field. He's also making himself a bigger multi-millionaire thanks to the incentives in his NFL contract. After he passed 701 yards this season, the Minnesota Vikings' rookie earned a one-time, $2.45 million bonus, according to the St. Paul Pioneer Press.
Peterson, who made his name at the University of Oklahoma, ran for an NFL record 296 yards last week against one of the NFL's best defenses in San Diego.
Peterson could earn $40.5 million through the life of his five-year contract. He's guaranteed $17 million.
Here is what the St. Paul Pioneer Press found in his contract: He can add $2.5 million to his 2010 salary (already set at $2.695 million) if he rushes for more than 1,000 yards in two of his first three seasons. If he rushes for 1,300 yards once, he puts another $1 million onto his 2011 salary, set to begin at $3.94 million. If he passes 1,300 yards twice, he adds $3 million to that number.
Right now, Peterson is the favorite for NFL Rookie of the Year. That would earn him another $250,000 bonus.
Peterson, who made his name at the University of Oklahoma, ran for an NFL record 296 yards last week against one of the NFL's best defenses in San Diego.
Peterson could earn $40.5 million through the life of his five-year contract. He's guaranteed $17 million.
Here is what the St. Paul Pioneer Press found in his contract: He can add $2.5 million to his 2010 salary (already set at $2.695 million) if he rushes for more than 1,000 yards in two of his first three seasons. If he rushes for 1,300 yards once, he puts another $1 million onto his 2011 salary, set to begin at $3.94 million. If he passes 1,300 yards twice, he adds $3 million to that number.
Right now, Peterson is the favorite for NFL Rookie of the Year. That would earn him another $250,000 bonus.
Labels: Adrian Peterson
posted by Mike McCarville @ 4:49 PM
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