Late last month, the Colts agreed to sign former Vikings cornerback Xavier Rhodes to a one-year deal. At the time, it was reported that he’d earn somewhere around $5MM. On Thursday, we learned that it’s not quite that lucrative.
Rhodes ‘s deal has a base value of $3MM including a $1MM signing bonus, Tom Pelissero of NFL.com tweets. Outside of the signing bonus, the deal has no other guarantees, though he can add an extra $250K if he hits certain incentive milestones.
The Vikings dropped Rhodes midway through March, terminating his five-year, $70MM+ deal with three seasons to go. The new contract represents a serious pay cut for the former first-round pick – his average annual value has dropped by $11MM and he’ll have to play up to par in Indy in order to keep his value strong moving forward.
Rhodes, 30 this summer, had a rough 2019 in Minnesota. The 2016 and 2017 Pro Bowler looked like a shell of his former self – he notched five interceptions in ’16; he offered Swiss cheese D last year, as evidenced by his 127.8 passer rating.
The Vikings reportedly tried to re-sign Rhodes, but his Colts contract indicates that it probably wasn’t a very strong offer. Or, perhaps, the Vikes made him a similar pitch, but he wanted a change of scenery. Either way, the Vikings are now down three former first-round corners after watching Rhodes, Trae Waynes, and Mackensie Alexander switch conferences.
Photo courtesy of USA Today Sports Images.