Greenway takes pay cut, saves Vikings $3M

Vikings linebacker Chad Greenway restructured the final year of his contract to remain with the only NFL team he has known.

The long-expected contract restructuring for Minnesota Vikings linebacker Chad Greenway is done.

Greenway has agreed to take a $3 million pay cut to remain with the Vikings. The veteran linebacker who has spent his whole career with the Vikings expected he would be asked to cut his salary after the 2014 season.

“I want to finish a Viking,” Greenway said after the season finale. “I’ve said that from Day One and I want to continue to say that. This organization has been amazing for me and my family and I hope to be able to finish here. I hope that can happen.”

The 2006 first-round pick of the Vikings had been scheduled to make $7 million in base salary and count $8.9 million against the cap. Under the restructured deal, his base salary will be $4.3 million with $1 million guaranteed and a $500,000 roster bonus, according to He still has $1.7 million of his prorated signing bonus from his 2014 renegotiation counting against the cap. His new cap number is $5.575 million; it will save the Vikings $3.2 million in cap space.

Greenway grew up in South Dakota and played college ball at Iowa, so remaining close to his roots was important to him.

“It plays a big role,” Greenway said after the season. “My daughters are big-time Vikings fans. It would be a change if (changing teams) had to happen. We make every decision based on our family. We won’t change for this decision. It won’t simply come down to money or business. It’ll come down to what’s best for the family and we’ll stay consistent with those decisions.”

Greenway moved into eighth place all-time in Vikings history with 796 solo tackles, and since 2007 – when he first became a starter after missing his rookie season because of a torn ACL in his rookie preseason – he has led the NFL in with 938 tackles, according to NFL statistics.

He also won the NFL Players Association highest honor, the Byron “Whizzer” White award earlier this month for his community service. Founded in 2008, Chad Greenway’s Lead the Way Foundation provides resources and opportunities to chronically and critically ill children and their families. Greenway’s foundation has served families throughout the Twin Cities and in Greenway’s home state of South Dakota for years, raising $1.3 million since its inception.

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