The Vikings will pay Favre $12 million this year and $13 million next season, sources told ESPN senior NFL analyst Chris Mortensen and ESPN NFL Insider Adam Schefter. The contract does not contain performance bonuses.
Because Favre is a vested veteran, the $12 million is guaranteed for this season if he is on the opening day roster. This also applies to the $13 million 2010 deal. This year, $6 million is guaranteed for skill and injury, meaning that if he is bad during the next few weeks, the Vikings can’t get out for less than $6 million.