Tagged in: extension

Vikings GM Rick Spielman agree to multi year extension

The Vikings have locked up Rick Spielman and Mike Zimmer for the next four campaigns.

The team informed Monday the General Manager’s multiyear contract extension is done. Chris Tomasson of the Pioneer Press reports that Spielman’s extension runs concurrent with that of coach Mike Zimmer, who signed his multiyear year two weeks ago.

That means both are signed through the 2023 season.

“It’s great,” Zimmer said Monday on a conference call, via Tomasson. “Rick’s done a phenomenal job with me here, and I think it’s a good team. I think . . . ownership, the coaching staff, the management, I think all that stuff is really good, and it’s been really good for all of us.”

Spielman and Zimmer both were entering the final year of their contracts. “Wanted to start off by thanking the Wilf family,” Spielman said in conference call. “My family and I have been blessed for 15 years to be a part of this organization and very excited about the future and what lies ahead for us.”

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Spielman became the Vikings’ General Manager in 2012, six years after arriving in Minnesota as vice president of player personnel.

The team has made the postseason four of his eight seasons as G.M. and reached the NFC Championship Game in the 2017 season.

Minnesota ranks ninth in the NFL with a .570 winning percentage (72-54-2) during that eight-season span.

“We appreciate Rick’s work ethic, diligence and commitment to the Vikings,” Vikings owner/chairman Zygi Wilf said in a statement. “We continue to have the utmost confidence in him as we work to assemble championship-caliber teams to reach our ultimate goal of winning a world championship.”

During the 2020 NFL draft, Spielman turned 12 picks into a seven-round NFL-record 15 selections with two additional picks gained for the 2021 NFL draft through trades. The Vikings’ 2020 class is the largest since the NFL condensed its annual draft to seven rounds in 1994.

It also marked Minnesota’s first 15-member class since 1985, tying for the largest overall draft class since 1976, when the team added 17 players over 17 rounds.

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Vikings head coach Mike Zimmer agrees to multi year contract extension

Mike Zimmer has agreed to a multi-year contract extension with the Minnesota Vikings, according to NFL Network’s Tom Pelissero. The 64-year-old coach was entering the final year of his current contract with the club. Including the playoffs, Zimmer has compiled a 59-41-1 record during his first six campaigns with the franchise.

The Vikings have made the playoffs three times under Zimmer that included a trip to the NFL title game in 2017. In 2019, after just falling short of the postseason in 2018, the Vikings went 10-6 during the regular season before upsetting the Saints in the wild card round of the NFC playoffs.

Minnesota would then fall to the eventual NFC champion 49ers in the divisional round.  Zimmer is already the third-winningest coach in Vikings history, behind Hall of Fame coach Bud Grant and Dennis Green. He told Pelissero last summer that he’s feeling good, and that he doesn’t see any reason he can’t coach until he’s 70.

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Before coming to Minnesota, Zimmer spent 20 seasons as an NFL assistant that included 14 seasons as a defensive coordinator. After 15 seasons in the college ranks, Zimmer landed his first NFL job in 1994, serving as an assistant on the Cowboys’ defensive staff. The next season, as the team’s defensive backs coach, Zimmer would coach a secondary that recorded five interceptions during Dallas’ triumphs over Green Bay and Pittsburgh in the NFC playoffs.

In Super Bowl XXX, one of his players — cornerback Larry Brown — took home MVP honors following the Cowboys’ 27-17 victory over the Steelers. 

Zimmer spent seven seasons as the Cowboys’ defensive coordinator (2000-06) and one season as the Falcons’ defensive coordinator (2007) before joining Marvin Lewis’ staff in Cincinnati in 2008.

Over the next six seasons, Zimmer helped the Bengals’ defense turn into one of the NFL’s better units. Cincinnati’s defense would help the Bengals capture AFC North division titles in 2009 and in 2013.  In 2015, his second season as the Vikings’ coach, Zimmer directed Minnesota to its first division title since 2009.

The Vikings following that season up with three more winning seasons under Zimmer, who it appears will remain in Minnesota for the foreseeable future. 

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Chiefs Patrick Mahomes agree to 10 year contract extension

Patrick Mahomes, a year removed from his first league MVP award and just four months after leading the Chiefs to victory in Super Bowl LIV, is about to cash in on his early success. Mahomes, the first player in league history to win league and Super Bowl MVP honors before his 25th birthday, has come to terms on a 10-year deal with the Chiefs, according to ESPN’s Adam Schefter.

The contract is reportedly the richest deal in NFL history. Also, per Schefter, Mahomes’ 10-year extension is worth $450 million with a $140 million injury guarantee. CBS Sports’ Jason La Canfora reports Mahomes’ 10-year extension will be guided by a mechanism that ensures the quarterback’s annual salary never drops below certain cap thresholds — in other words it will always be above a certain percentage of the NFL’s salary cap.

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It is unusual to see a contract extension of this length  — and with those clauses and parameters — but it’s also rare to see a quarterback accomplish what Mahomes has this few years into his career. Back in January, CBS Sports NFL insider Jason La Canfora reported that the Chiefs were formulating to offer Mahomes a record-setting contract that would pay him at least $40 million a season.

The 10th overall pick in the 2017 NFL Draft, Mahomes was entering the final original year of his four-year, $16.4 million rookie contract.

The Chiefs did pick up his fifth-year option back in April.  Had Mahomes played under his fifth-year option in 2021, he would have made $24,837,000, according to CBS Sports’ Joel Corry. Mahomes is now slated to join the list of the NFL’s highest-paid quarterbacks.

In terms of annual salary, Russell Wilson currently holds the title as the league’s highest-paid quarterback, receiving an annual salary fo $35 million. The league’s other top-paid passers involve Ben Roethlisberger ($34 million), Aaron Rodgers ($33.5 million), Jared Goff ($33.5 million), Kirk Cousins ($33 million), Carson Wentz ($32 million), Dak Prescott ($31.4 million) and Matt Ryan ($30 million), according to Over the Cap. 

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Jalen Ramsey, Rams ‘on same page’ concerning contract extension

The Los Angeles Rams have been in contact with Jalen Ramsey’s representatives regarding a contract extension as the All-Pro cornerback enters the final season of his rookie deal.

Ramsey was coy Tuesday when asked where negotiations stood.

“The Rams know where I stand,” Ramsey said on a video conference with reporters. “I think that’s all that matters at the end of the day. It will be handled. They know where I stand. They’ve been in contact with my agent. They’re on the same page as my agent.”

When asked whether he would attend training camp if he had yet to sign an extension, Ramsey showed no hesitation.

“Yeah, for sure,” he stated.

Ramsey is estimated to command a record-breaking contract, and it’s anticipated that he will have the upper hand in negotiations, given what the Rams paid to acquire him before the trade deadline last campaign. The Rams sent their 2020 and 2021 first-round draft picks and a 2021 fourth-round selection to the Jacksonville Jaguars for Ramsey, who was the No. 5 overall pick in 2016.

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“I can’t really worry about that,” Ramsey said about the negotiations. “I just control what I got to worry about right now. I feel like everybody knew what type of situation it was gonna be once they traded for me, so I think it doesn’t really need to be talked about that much. It’ll get handled.”

Considered among the top lockdown corners in the NFL, Ramsey has 10 interceptions, including one for a touchdown, and 49 pass deflections in four seasons.

The Rams have been aggressive in signing players to record-breaking contracts over the past two years.

Running back Todd Gurley signed a four-year, $40 million extension in July 2018 that involved a record-breaking $45 million guaranteed. A month later, defensive tackle Aaron Donald signed a six-year, $135 million extension that amounted to the richest contract ever signed by a defensive player. Last September, quarterback Jared Goff signed a four-year, $134 million deal that includes a record-breaking $110 million guaranteed.

The Rams, however, cut Gurley this offseason and also traded receiver Brandin Cooks, who was in the midst of a five-year, $81 million contract.

Gurley’s and Cooks’ contracts will cost the Rams nearly $30 million in dead money cap charges in 2020.

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Veteran Patrick Chung agrees to two-year extension

The New England Patriots have agreed to a two-year extension with longtime safety Patrick Chung that will have him under contract in Foxborough through the 2023 season, according to Field Yates of ESPN.

Chung gets $3 million to sign, per Yates, and is now due up to $12.8 million over the next four years.  Chung was already signed through the 2021 season after inking a one-year extension with the team last offseason, but the club did have an out to his contract this offseason where they could have cleared nearly $2 million off their books for 2020.

This deal for New England could kill two birds with one stone as it could potentially free up enough space to sign rookie safety and 2020 second-round pick Kyle Dugger to his rookie contract along with ensuring that the veteran Chung, who’ll be 33 years old by the start of the regular season, will be under Patriots control likely for the rest of his career. 

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Chung has been one of the more reliable and underrated pieces to the Patriots defense, a unit that was the best in the NFL in 2019 by nearly every meaningful measure.

In 13 regular season matches played, he totaled 51 tackles and three passes defended. 

The safety was originally drafted by the Patriots in the second round of the 2009 NFL Draft out of Oregon and has spent the large majority of his career in New England (minus a one-year stint with the Philadelphia Eagles in 2013).

During this second stint with the Patriots, Chung has really come into his own as Bill Belichick and company have put him in a far better position for success, moving him to the strong/box safety role. 

Chung will be 36 years old by the time this contract is up and has dealt with a number of injuries throughout the course of his career, so it’s uncertain if he’ll actually play to the end of this contract. In fact, Jeremy Fowler of ESPN reported on Wednesday that the safety considered retirement before re-upping with the Patriots.

The team did seem to find a potential heir to Chung at the 2020 draft, however, in Dugger, who could be groomed over that time to rise through the ranks in the secondary. 

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Cubs are not working on Anthony Rizzo extension

One of the most critical parts of this Cubs’ offseason is figuring out which players will be sticking around for the long haul.

That’s because a number of the team’s young core players will be due for new contracts coming up in the next two years. That includes the leader of this current era of the team, who has been with the group since the early days of the Theo Epstein rebuild back in 2012.

Anthony Rizzo’s contract runs through the 2021 season, with that last year being a club option for $16.5 million in that final season. It’s the same time which Javier Baez, Kris Bryant, and Kyle Schwarber have their deals coming up, with Willson Contreras up after that, so the Cubs will have some tough options coming up soon.

Many believe a few could be mad this offseason, but one that reportedly won’t take place is a long-term extension for Rizzo.

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Rizzo is currently on a seven-year, $41 million contract extension that he signed back in May of 2013 that included two club option years for $16.5 million.

Naturally, the Cubs picked it up for the 2020 season to keep one of their leaders in the clubhouse around.

Joining the team via trade from the Padres in January of 2012 as one of the first major moves after Epstein took over the club in October of 2011. Since then, Rizzo has been an All-Star and Gold Gold Glove winner at first base while also winning the Silver Slugger Award in 2016 along with the Robert Clemente Award for service in 2017.

He’s was the anchor of this era of the franchise that brought the club their first World Series championship in 108 years in November, 2016.

While the desire may be there on both sides to have Rizzo finish his career with the Cubs, the time is not right for either side to make that happen.

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