Yesterday, we indicated that the Vikings would be wise to restructure Riley Reiff’s contract rather than cut him. The Vikings, quite evidently, agreed. The reports suggest that Riley Reiff and the Vikings will find a contract resolution soon.
According to Field Yates, the Vikings and Riley Reiff are close to agreeing on a restructured contract. It’s unclear at this point what they’ve agreed upon, but it’s a near certainty that the Vikings will lessen Reiff’s cap hit in the upcoming season. It’s likely that Reiff will receive more guaranteed money.
Over the Cap indicates that the Vikings have just over $1 million in cap space. Generally speaking, teams prefer to have at least a few million dollars for the season. It’s a physical game, folks. When injuries inevitably happen, teams need enough money to sign players.
From a purely financial standpoint, the best decision is to cut Reiff. Doing so would save close to $9 million in cap space, an amount they could rollover into next season if left unused. Moreover, the Vikings have good depth at offensive tackle. Even still, the smart decision is to keep Reiff.
Approaching Reiff about a contract restructure was a cold, albeit smart, business move, as Pro Football Talk suggests. For the most part, teams have solidified their plans for their offensive lines at this point in the offseason. The majority of their budget is spent. Ian Rapoport said that Reiff’s agent explored whether any teams would be willing to trade for him. When there were no takers, Reiff and his agent agreed to restructure. This was Spielman’s plan all along.
Cold business moves aside, fans should be excited that there is a resolution to the Riley Reiff contract situation. Keeping Reiff also means that Brian O’Neill can stay at RT, where he has played well through two seasons. This is good news for a Minnesota o-line that desperately needs it.