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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Tyler Forness

Contract details for new tight end Josh Oliver revealed

The Minnesota Vikings agreed to terms with former Baltimore Ravens tight end Josh Oliver on Monday afternoon. The deal was announced to be a three year, $21 million deal with $10.75 million guaranteed.

The Star Tribune’s Ben Goessling revealed the contract details and they are as follows.

  • $7.12 million signing bonus ($2.373 million per year)
  • $1.08 million base salary year one
  • $4.7 million base in year two ($2 million guaranteed for injury only, fully guaranteed on third day of 2024 league year)
  • $7.95 million base salary in 2025
  • Up to $1.5 million in incentives each year
  • Up to $750K base escalators for 2024 and 2025

The cap hits are pretty reasonable before potential incentives and escalators.

  • 2023: $3.45 million
  • 2024: $6.87 million
  • 2025: $10.32 million

The Vikings can get out of the deal with only $2.32 million dead in 2025. Pretty good structure overall.

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