July 6, 2024

Report: Structure, not money is holding up Justin Jefferson extension

Commentator believes Vikings’ rule regarding guaranteed money is the sticking point.
According to sources from Mike Florio of Pro Football Talk, the structure of the agreement more than the money may be holding up Justin Jefferson’s contract extension.

The Vikings have an internal “rule” on contract extensions that states they will only completely guarantee money in the first year that the contract is signed, according to an article Florio wrote on February 8. In the piece, Florio hinted that the Vikings’ “rule” about the guaranteed money would be the reason for the delay in the agreement, specifically referring to Jefferson’s patience with the process.

In an interview with Paul Allen on KFXN-FM 100.3 on Wednesday, Florio reaffirmed that opinion. He believes that the Vikings should extend an accommodation to Jefferson, just as they did to quarterback Kirk Cousins.
Report: Structure, not money is holding up Justin Jefferson extension -  Sports Illustrated Minnesota Sports, News, Analysis, and More

“JJ is incredibly patient, I can say that with confidence, but his tolerance will wear thin. And the structure—rather than the money—remains the problem, Florio informed Allen. The Vikings are among the few organizations who won’t provide a complete guarantee for any player other than Kirk Cousins beyond the first year of his contract.

In an interview with Paul Allen on KFXN-FM 100.3 on Wednesday, Florio reaffirmed that opinion. He believes that the Vikings should extend an accommodation to Jefferson, just as they did to quarterback Kirk Cousins.
Report: Structure, not money is holding up Justin Jefferson extension -  Sports Illustrated Minnesota Sports, News, Analysis, and More

“JJ is incredibly patient, I can say that with confidence, but his tolerance will wear thin. And the structure—rather than the money—remains the problem, Florio informed Allen. The Vikings are among the few organizations who won’t provide a complete guarantee for any player other than Kirk Cousins beyond the first year of his contract.

Jefferson will undoubtedly become the highest-paid wide receiver in football—possibly even the highest-paid non-quarterback—when a deal is eventually reached. In a 33rd Team article, former general manager of the Vikings Jeff Diamond projected that Jefferson would sign a five-year contract worth $172.5 million, with $125 million guaranteed.

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