"The Vikings entered the offseason roughly $43 million over the NFL's $301.2 million cap, and before Saturday's agreement, Hockenson was set to have the highest cap number for an NFL tight end this season ($21.3 million). He signed a four-year, $66 million contract extension in August 2023 but tore multiple ligaments in his right knee four months later."
"Hockenson's production has dipped since the injury -- he has caught 92 passes for 893 yards and three touchdowns in 25 games over the 2024 and 2025 seasons -- and there had been some speculation in league circles that he could be released if his contract wasn't adjusted."
"The Vikings have been working all offseason to reduce their cap deficit. They've already informed running back Aaron Jones Sr., along with defensive tackles Javon Hargrave and Jonathan Allen, that they will be traded or released next week."
The Minnesota Vikings restructured T.J. Hockenson's contract to save more than $5 million in salary-cap space, indicating the team plans to keep him through 2026. Hockenson's cap hit was previously the highest for an NFL tight end at $21.3 million. His production declined following a knee injury sustained in early 2024, with 92 catches for 893 yards and three touchdowns across 25 games in 2024-2025. The Vikings faced a $43 million cap deficit entering the offseason and have pursued multiple cost-reduction strategies, including trading or releasing Aaron Jones Sr., Javon Hargrave, and Jonathan Allen, while restructuring contracts for Justin Jefferson and Christian Darrisaw.
Read at ESPN.com
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