Vikings LB Chad Greenway Agrees To Pay Cut, Frees Up $3.225M In Cap Space

ESPN’s Field Yates reports that the Vikings and LB Chad Greenway have agreed to restructured contract that will reduceย his 2015 base salary from $7 million to $3.4 million.

  • According to Yates,ย this move will free upย $3.225 million in available cap space for the Vikings.

Greenwayย recently toldย Tom Pelissero that his agent and the team wereย working towards a new contract that would allow him to remain in Minnesota for the 2015 season, so this news isn’t a huge surprise.

In fact,ย Vikings GM Rickย Spielmanย had said previouslyย that thereโ€™s noย question that they would like to have Greenway backย next year.

โ€œWe have a lot of things that weโ€™ll be working through between now and before March 10th [when free agents can be signed], but weโ€™d love to have Chad Greenway back and finish [his career] as a Minnesota Viking,โ€ Spielman said.

Greenway, 32, has one year remaining on hisย five-year, $40.6 million contractย that includedย $20 million guaranteed.

In 2014, Greenwayย recorded 93 tackles, one sack, a forced fumble and three pass defenses over the course of 12 games. However, Pro Football Focus has him rated as the No. 38 outside linebacker in a 4-3 defense out of 40 qualifying players.

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