Ben Dogra had a client in Adrian Peterson with no guaranteed money remaining on the final three years of his Vikings contract. Dogra also had a client with a horrendous image problem, based on the over-the-top discipline of a 4-year-old son that led to criminal charges.
Go back to the early offseason and there was much conversation that the Vikings would require Peterson to take a cut from the $12.75 million due to him if they chose to bring him back in 2015.
Dogra and Peterson raised enough of a ruckus about Adrian’s discontent that the Vikings wound up bribing the running back to return. Coach Mike Zimmer has been given credit for inducing Peterson’s return by stating he would play here or nowhere, but clearly the Vikings also offered this behind-the-scenes message to Peterson:
“Come back, participate in some of the offseason workouts, and we will negotiate guaranteed money.’’
The first show of that money will come this week, with Peterson receiving a check for $2 million as a roster bonus. And, he’s already guaranteed his $11 million salary for this season – none of that waiting until Week 1 stuff – and another $7 million for 2016.
And, it gets better for Peterson: If the Vikings want him for 2016, they have to write a check for $5 million by the third day of the “league season’’ next spring.
Twenty million guaranteed now. Another $5 million next spring.
Dogra gathered up the chicken feathers from 2015, when Peterson played one game and was forced to sit for 15 games as his reputation was trashed on a daily basis, and turned it into Waldorf-style, $30 a pound chicken salad.
This doesn’t mean much to Zygi Wilf and the Vikings, of course, when it comes to finances. It’s only money, and the NFL is printing it.
The riches have become so outrageous (will become more so) that the league and its franchises keep as many financial secrets as possible. We’ve discovered that here with the NFL’s refusal to come clean on its demands for 10s of millions in free stuff for the 2018 Super Bowl, and for the refusal of the Vikings and U.S. Bank to confirm details of the naming rights deal for the new stadium.
Fortunately, the Green Bay Packers are publicly owned, and thus required to release a financial statement. That statement came out Monday and it was revealed that the team received $226.4 million as its share of national revenues for 2014.
Equal dollars were sent to the 31 remaining teams, of which the Vikings are one.
It was a split of $7.2 billion in national revenues. In 2010, that number was $3 billion. So, Zygi’s check for the split of national revenue has gone from $93.75 million to $226.4 – an increase of $132.65 million in four years.
How good is business for ol’ Zygi?
In 2010, it was an uncapped year and that the Vikings claimed a payroll of $143 million – or $50 million more than his share of national revenues. In 2014, the salary cap was $133 million, meaning the Zygmeister had his payroll covered by $93.4 million, before he started taking in a few 10s of millions locally.
Folks, don’t forget to send in those checks for your licenses to buy tickets at very inflated prices in the new dome … Zygi needs the dough.