Report: Ray Rice Seeking Adrian Peterson-type Money in New Deal
Per the Monday Morning Quarterback (MMQB) column from SI’s Peter King, Ray Rice is seeking Adrian Peterson-type money in his next contract. Peterson, who plays for the Minnesota Vikings, signed a 7-year, $96M contract, with $36M in guarantees. The Ravens would like to have Rice back but they may not have that kind of money to spend on him, given the money they have invested in other players, including a $17.9M salary cap hit for defensive tackle Haloti Ngata. Per MMQB, in the event a new deal is not reached, it is reasonable to see the Ravens using the franchise tag on Rice, which would pay him $7.7M for 2012. The franchise salary would be a substantial raise for Rice, who made $555K last year on the final year of a rookie contract that paid him a total of $2.8M over four years. Rice has led the Ravens in rushing every year since 2009, totaling over 4,300 yards and amassing 24 touchdowns since 2008. For comparison, Peterson rushed for over 6,300 yards and 52 touchdowns in his first four years. It is highly unlikely that Rice will be able to command the contract he is seeking from the Ravens. A 4- to 5-year contract paying Rice $8M a year, with $15-20M in guarantees would be a more reasonable number for a running back of his caliber.