Vikings restructure contract of Chris Reed, save close to $1 million

The Vikings continue to work on their salary cap issues with the contract of Chris Reed

Despite it being Saturday, the Minnesota Vikings haven’t stopped trying to get under the salary cap. According to ESPN’s Field Yates, the Vikings have renegotiated the contract of guard Chris Reed, saving around $1 million on the cap.

Reed was set to enter the 2023 season with a cap hit of $2.75 million and a base salary of $2.45 million. Saving around $1 million signals that his base salary will have dropped to around $1.5 million. That number will soon be confirmed.

That will drop the Vikings to only $6.5 million over the cap with decisions to make on players such as Za’Darius Smith, Dalvin Cook and Harrison Smith among others.