Right tackle Phil Loadholt has agreed to a pay cut in order to remain with the Vikings, according to multiple reports. KSTP first had the news.
Loadholt will now have a base salary of $2 million in 2016, according to the KSTP report, and can earn up to $3.5 million with incentives. Under his old deal, Loadholt could have made $6 million in base salary and roster and workout bonuses, and he would have carried a cap number of $7.8 million.
Loadholt’s deal was not extended, so he can become a free agent in 2017.
Loadholt, 30, sat out the entire 2015 regular season with a torn left Achilles’ tendon suffered in the preseason.