- According to Tom Pelissero, Rhodes deal with the Colts is a one-year agreement worth around $5 million.
Rhodes will get the opportunity to re-establish his value before hitting the open market again next year.
It’s worth mentioning that signing Rhodes to a contract won’t impact the Colts 2021 compensatory picks, given that he was released this offseason.
Rhodes, 29, was taken with the No. 25 overall pick in 2013. He played out the final year of his four-year, $7.402 million rookie contract when the Vikings picked up his fifth-year option.
He later agreed to a six-year, $78.126 million extension with $41 million guaranteed back in 2017. He was set to make a base salary of $9,900,000 next season when the Vikings released him a few weeks ago.
In 2019, Rhodes appeared in 15 games and recorded 63 total tackles, five tackles for loss, no interceptions, one forced fumble, and six pass defenses.
We had him included in our Top 100 Available 2020 Free Agents list.