Vikings Will Pay Brett Favre Up to $20 Million
Although Favre's contract called for him to make $13 million this season, Judd Zulgad of the Minneapolis Star-Tribune reports that in order to coax Favre back from Mississippi, the Vikings are giving him a big raise, of another $3.5 million in base salary, plus $3.5 million in incentives. If he reaches all the incentives -- which are apparently tied to the Vikings' playoff performance -- he'll make a cool $20 million over the next five months.
The raise represents a significant investment on the part of Vikings owner Zygi Wilf, who agreed to a very generous contract with Favre just a year ago and is now significantly increasing the value of that contract.
But while $20 million for five months of work sounds insane to you and me, the potential return on the investment for Wilf is enormous: The Vikings are trying to convince the local taxpayers to pony up hundreds of millions of dollars to build the team a new stadium, and if having Favre around for another year engenders the kind of goodwill that gets that deal done, then Favre is a bargain -- even at $20 million.