Adam Schefter of NFL Network reports that the Vikings have agreed to terms with running back Adrian Peterson, the No. 7 overall pick in the 2007 draft. Per Schefter, Peterson has signed a five-year, $40 million contract, with $17 million in guaranteed money.
Schefter adds that the base value of the five-year package is $25 million.
Peterson is the latest player drafted in the top 16 picks to sign a deal for less than the maximum term of six years.
The maximum annual average of $8 million is actually greater than the average value of LaDanian Tomlinson's contract, who signed nearly three years ago an eight-year, $60 million deal. But it's not presently known what Peterson will have to do in order to cash in on the $15 million or so in incentives.
Now get your butt in camp rookie, and please stay healthy!
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