Adrian Peterson has finally found a new home, agreeing to a two-year, $7 million contract with the New Orleans Saints this morning. With Peterson joining Drew Brees, this will give New Orleans the NFL’s active passing and rushing touchdown leaders and mark the first time that’s happened in the NFL since 1983 when the Steelers deployed the likes of Terry Bradshaw and Franco Harris.
The Saints were one of only a handful of teams that had publicly shown interest in Peterson and decided not to risk waiting until after the weekend when other teams may have had an unforeseen need at the position based on missing out on a running back in the upcoming 2017 NFL Draft. The deal is constructed as that of a flyer for the Saints as it will pay Peterson $3.5 million immediately and includes just a $1 million guaranteed salary in 2017 and a $2.5 million signing bonus. His 2018 salary will include no guarantees, $1.1 million in salary and $2.4 million in various roster bonuses. The deal is clearly designed for the Saints to see if they’ve found lightning in a bottle with the now 32-year old future Hall of Famer. The deal has long ranging impact, so let’s break it down.
Adrian Peterson, RB NO
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