One theory about why Adrian Peterson decided to skip the Vikings' three-day minicamp last weekend and, instead, attend "Adrian Peterson Day" in Palestine, Texas, was related to the fact the running back might have looked at how Brett Favre was being treated and figured the same rules should apply to him.
Now another (potentially more expensive) theory has emerged. Mike Florio of the popular website Pro Football Talk has broached the subject that Peterson's absence might be contract related. First off, let's be very clear in saying we here at Access Vikings have no hard evidence that this is the case.
The Vikings don't comment on contracts or negotiations and Peterson's agent, Ben Dogra, has not returned numerous e-mails and phone messages seeking a comment. My former colleague, Kevin Seifert, who does an outstanding job on his NFC North blog for ESPN's website, took at look at Peterson's contract situation last month.
Seifert's point was that Tennessee running back Chris Johnson and Houston wide receiver Andre Johnson both weren't pleased with their contracts despite the fact the former has three years left on his deal and the latter is signed through the 2014 season.
"They have been among the NFL's most productive players in recent seasons and consider themselves due for a raise," Seifert wrote. "So why haven't we heard the same from the NFC North's top player?"
Is there a chance, however, we now know Peterson isn't happy? The seventh pick overall in the 2007 draft, Peterson received a six-year contract that would pay him a maximum of $40 million if he reached all of the incentives. There were $17 million in guarantees included. The reality is that the sixth year will void, so the contract really runs through the 2011 season.
Peterson's on-field success means he already has achieved many of the incentives contained in that rookie contract. Thus, he should make around $7 million in 2010 and will make at the very least a little more than $10 million in 2011. However, there is a possibility his 2011 salary could reach an eye-popping $13 million with escalators.
So why would Peterson want a new deal now? The simple explanation is because he's a running back and running backs don't have very long careers. Thus, Peterson and Dogra know it would be in their best interest to do an extension ASAP and include significant guaranteed money into the future. There is little doubt Peterson will want his next contract to make him the highest-paid position player in the league outside of quarterbacks. (The Rams' Stephen Jackson is currently the NFL's top-paid running back, having signed a $48.5 million, six-year deal in 2008 that included $21 million in guarantees.)