Adam Thielen

Carolina Panthers, Wide Receiver
Age: 34-83d (Aug 22, 1990)
Exp: 10 Years
College: Minnesota-Mankato
Drafted: Undrafted, MIN, 2013
Agent(s): Blake Baratz (The Institute for Athletes)
2024 Cap Hit

$9,917,000

2024 Cash

$8,250,000

Career Earnings

$83,381,941

2023-2025 Free Agent (CURRENT)

Adam Thielen signed a 3 year , $25,000,000 contract with the Carolina Panthers, including $8,335,000 signing bonus, $14,000,000 guaranteed, and an average annual salary of $8,333,333. In 2024, Thielen will earn a base salary of $5,500,000, a roster bonus of $2,000,000 and a workout bonus of $250,000, while carrying a cap hit of $9,917,000 and a dead cap value of $13,168,000.
Contract Terms:
3 yr(s) / $25,000,000
Average Salary:
$8,333,333
Signing Bonus:
$8,335,000
GTD at Sign:
$14,000,000
Total GTD:
$14,000,000
Free Agent:
2026 / UFA
MANAGE CONTRACT
Year Age Status Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2023 33 $3,332,000 1.48% $10,000,000 $10,000,000 $14,000,000
2024 34 $9,917,000 3.88% $8,250,000 $18,250,000 $13,168,000
POTENTIAL OUT: 2025, 2 YR, $18,250,000; $5,001,000 DEAD CAP
2025 35 $8,417,000 3.08% $6,750,000 $25,000,000 $5,001,000
2026 36
Void
UFA
 $3,334,000 1.14% - $25,000,000 $3,334,000
2027
Void
 $1,667,000 0.53% - $25,000,000 -
Year Age Status Base P5 Salary Signing Proration Roster Bonus Roster/Gm Bonus Workout Bonus Cap Hit Cap % League Cap Dead Cap
2023 33 $1,165,000 $1,667,000 - $500,000 - $3,332,000 1.48% $14,000,000
2024 34 $5,500,000 $1,667,000 $2,000,000 $500,000 $250,000 $9,917,000 3.88% $13,168,000
POTENTIAL OUT: 2025, 2 YR, $18,250,000; $5,001,000 DEAD CAP
2025 35 $4,000,000 $1,667,000 $1,500,000 $1,000,000 $250,000 $8,417,000 3.08% $5,001,000
2026 36
Void
UFA
 - $1,667,000 - - - $3,334,000 1.14% $3,334,000
2027
Void
 - $1,667,000 - - - $1,667,000 0.53% -
Year Age Status Base P5 Salary Signing Bonus Roster Bonus Workout Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023 33 $1,165,000 $8,335,000 - - $10,000,000 $10,000,000 $10,000,000 $8,333,333
2024 34 $5,500,000 - $2,000,000 $250,000 $8,250,000 $18,250,000 $9,125,000 $7,500,000
2025 35 $4,000,000 - $1,500,000 $250,000 $6,750,000 $25,000,000 $8,333,333 $6,750,000
2026 36
Void
 - - - - - $25,000,000 - -
2027 37
Void
 - - - - - $25,000,000 - -
Contract Notes
  • $14M guaranteed (signing bonus + 2023 salary + $4.5M of 2024 salary)
  • 2024 Roster Bonus: $2M (3/16/2024)
  • 2025 Roster Bonus: $1.5M (3rd league day of 2025)
  • 2026-2027 years automatically void 23 days before the start of the 2026 league year
Source: NFL contract specifics generally collected from verified reports.

2019-2024 Extension

Adam Thielen signed a 4 year , $64,200,000 contract with the Minnesota Vikings, including $9,000,000 signing bonus, $33,000,000 guaranteed, and an average annual salary of $16,050,000. In 2024, Thielen will earn a base salary of $14,805,882, a roster bonus of $2,000,000 and a workout bonus of $100,000, while carrying a cap hit of $21,655,882 and a dead cap value of $7,000,000.
Contract Terms:
4 yr(s) / $64,200,000
Average Salary:
$16,050,000
Signing Bonus:
$9,000,000
GTD at Sign:
$14,105,000
Total GTD:
$33,000,000
Free Agent:
2025 / UFA
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2017-2020 pending-free-agent-extension

Adam Thielen signed a 4 year , $19,246,000 contract with the Minnesota Vikings, including $4,000,000 signing bonus, $9,646,000 guaranteed, and an average annual salary of $4,811,500.
Contract Terms:
4 yr(s) / $19,246,000
Average Salary:
$4,811,500
Signing Bonus:
$4,000,000
GTD at Sign:
$9,646,000
Total GTD:
$9,646,000
Free Agent:
2021 / UFA
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2016-2016 Restricted Tender

Adam Thielen signed a 1 year , $600,000 contract with the Minnesota Vikings, including an average annual salary of $600,000.
Contract Terms:
1 yr(s) / $600,000
Average Salary:
$600,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2017 / RFA
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2014-2015

Adam Thielen signed a 2 year , $930,000 contract with the Minnesota Vikings, including an average annual salary of $465,000.
Contract Terms:
2 yr(s) / $930,000
Average Salary:
$465,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2016 / ERFA
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2013-2015 undrafted

Adam Thielen signed a 3 year , $1,485,000 contract with the Minnesota Vikings, including an average annual salary of $495,000.
Contract Terms:
3 yr(s) / $1,485,000
Average Salary:
$495,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2016 / RFA
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Seasons

10 Years

Career Earnings thru 2024

$83,381,941

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2014 24
Active
$420,000
$420,000
2015 25
Active
$682,306
$1,102,306
2016 26
Active
$939,639
$2,041,945
2017 27
Active
$7,496,000
$9,537,945
2018 28
Active
$5,350,000
$14,887,945
2019 29
Active
$14,273,750
$29,161,695
2020 30
Active
$10,034,374
$39,196,069
2021 31
Injured
$11,582,343
$50,778,412
2022 32
Active
$14,353,529
$65,131,941
2023 33
Active
$10,000,000
$75,131,941
2024 34
Injured
$8,250,000
$83,381,941
Total      
$83,381,941
$83,381,941
2025 35
Active
$6,750,000
Total
$90,131,941

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
9 $19,084,529 $22,000,000 $10,944,843 $10,000,000 $450,000 $2,652,569 $65,131,941
2 $6,665,000 $8,335,000 $2,000,000 - $250,000 - $18,250,000
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2014
24
$420,000
$420,000
$420,000
2015
25
$510,000
$172,306
$682,306
$1,102,306
2016
26
$600,000
$339,639
$939,639
$2,041,945
2017
27
$2,746,000
$4,000,000
$750,000
$7,496,000
$9,537,945
2018
28
$3,850,000
$100,000
$50,000
$1,350,000
$5,350,000
$14,887,945
2019
29
$805,000
$9,000,000
$4,368,750
$100,000
$14,273,750
$29,161,695
2020
30
$4,800,000
$5,093,750
$100,000
$40,624
$10,034,374
$39,196,069
2021
31
$1,100,000
$10,000,000
$382,343
$100,000
$11,582,343
$50,778,412
2022
32
$4,253,529
$9,000,000
$1,000,000
$100,000
$14,353,529
$65,131,941
2023
33
$1,165,000
$8,335,000
$10,000,000
$75,131,941
2024
34
$5,500,000
$2,000,000
$250,000
$8,250,000
$83,381,941
Total
$25,749,529
$30,335,000
$10,000,000
$12,944,843
$700,000
$2,652,569
$83,381,941
$83,381,941
2025
35
$4,000,000
$1,500,000
$250,000
$6,750,000
Total
$29,749,529
$30,335,000
$10,000,000
$14,444,843
$950,000
$2,652,569
$90,131,941

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
9 $19,084,529 $22,000,000 $10,944,843 $10,000,000 $450,000 $2,652,569 $65,131,941
2 $6,665,000 $8,335,000 $2,000,000 - $250,000 - $18,250,000

Injuries

Year Weeks Reason
2024 CAR 4 - 0 Hamstring
2020 MIN 12 - 12 COVID-19
2021 MIN 17 - 18 Ankle
  • Mar 19, 2023 Signed a 3 year $25 million contract with Carolina (CAR)
  • Mar 10, 2023 Released by Minnesota (MIN), clearing $6.4M of cap
  • Mar 16, 2022 Signed a restructure contract with Minnesota, clearing $5.16M of cap space
  • Mar 18, 2021 Converted $10M of 2021 salary into bonus, clearing $7.5M of cap with Minnesota (MIN)
  • Apr 12, 2019 Signed a 4 year $64 million contract extension with Minnesota (MIN)
  • Mar 15, 2017 Signed a 4 year $19.246 million contract extension with Minnesota (MIN)
  • Mar 04, 2017 Assigned a 1 year $2.746 million tender by Minnesota (MIN)
  • Mar 07, 2016 Signed a 1 year $600k tender with Minnesota (MIN)
  • Dec 30, 2013 Signed a reserve/future contract with Minnesota (MIN)
  • Aug 31, 2013 Waived by Minnesota (MIN)
  • May 06, 2013 Signed a 3 year $1.485 million contract with Minnesota (MIN)
Year Team GP GS Snaps Snaps% Receiving Receptions Receiving Yards Receiving Touchdowns Fum
2024 CAR 3 3 109 60.20 8 109 1 0
2023 CAR 17 17 1,046 90.90 103 1,014 4 2
2022 MIN 17 17 1,042 89.20 70 716 6 0
2021 MIN 13 13 758 73.00 67 726 10 1
2020 MIN 15 15 926 85.60 74 925 14 0
2019 MIN 10 10 443 42.80 30 418 6 0
2018 MIN 16 16 1,011 96.20 113 1,373 9 1
2017 MIN 16 16 1,034 92.50 91 1,276 4 3
2016 MIN 16 10 787 74.70 69 967 5 2
2015 MIN 16 2 218 21.30 12 144 0 0
2014 MIN 16 2 150 14.60 8 137 1 0

FEATURED PLAYER NEWS

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8 of the Scariest Active Contracts

Spotrac celebrates the Halloween season with a look at 8 of the scarier active contracts in major professional sports, including two each from the NFL, NBA, MLB, & NHL.

TRANSACTIONS

Mar 19, 2023
Signed a 3 year $25 million contract with Carolina (CAR)
Mar 10, 2023
Released by Minnesota (MIN), clearing $6.4M of cap
Mar 16, 2022
Signed a restructure contract with Minnesota, clearing $5.16M of cap space
Mar 18, 2021
Converted $10M of 2021 salary into bonus, clearing $7.5M of cap with Minnesota (MIN)
Apr 12, 2019
Signed a 4 year $64 million contract extension with Minnesota (MIN)
Mar 15, 2017
Signed a 4 year $19.246 million contract extension with Minnesota (MIN)
Mar 04, 2017
Assigned a 1 year $2.746 million tender by Minnesota (MIN)
Mar 07, 2016
Signed a 1 year $600k tender with Minnesota (MIN)
Dec 30, 2013
Signed a reserve/future contract with Minnesota (MIN)
Aug 31, 2013
Waived by Minnesota (MIN)
May 06, 2013
Signed a 3 year $1.485 million contract with Minnesota (MIN)

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