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Well, folks, Rick Spielman and Rob Brzezinski have done it again.
No franchise tag situation in Minnesota: Pro Bowl RB Dalvin Cook and the #Vikings have agreed to a 5yr, $63M extension, sources tell @RapSheet and me. After just 29 career games, Cook locks in over $28M guaranteed.
— Tom Pelissero (@TomPelissero) September 12, 2020
Close, Personal Friend of The Daily Norseman Tom Pelissero™ is reporting that the Minnesota Vikings and running back Dalvin Cook have agreed to a five-year contract extension worth $63 million. Of that $63 million, $28 million is guaranteed.
Cook is. . .or rather, was. . .in the final year of the rookie contract he signed when the Vikings drafted him in the second round of the 2017 NFL Draft out of Florida State. He missed quite a few games in his first two seasons with injuries, but played in 14 games in 2019 and had his best season as a pro.
There isn’t a breakdown yet of how the deal affects the Vikings’ salary cap, but the relatively low guarantee compared to the overall value of the deal says that it’s likely pretty team-friendly. Once we have that breakdown, we will bring it to you here.
But, the big news is that any contract situation between the Vikings and their star running back has been eliminated, as the team has given Dalvin Cook a five-year contract extension. We’ll have more on this story if any news comes in about it.
UPDATE: Pelissero reports that the deal includes a $15.5 million signing bonus.
Dalvin Cook gets a $15.5 million signing bonus — the largest for a non-quarterback in franchise history. And the #Vikings lock up the centerpiece of their offense through 2025. https://t.co/pDQZ7ZSucg
— Tom Pelissero (@TomPelissero) September 12, 2020