Adam Thielen

Wide Receiver

Age: 35
Free Agency: 2026 (Void)
Accrued Seasons: 11
  • 2025 Salary Cap Charge: $10,108,176 (3.58% of cap)
  • 2025 Cash Payout: $8,750,000 (2.99% of spending)
  • 2025 Cash to Cap Ratio: 0.87
  • Contract Value: $8,750,000 ($8,750,000 APY)
  • Fully Guaranteed Money: $1,500,000
  • Contract Ranking: 34/312 at WR

Current Contract

(Other, signed 2025)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated Signing BonusRoster BonusWorkout BonusCap
Number
Cap %
Dead Money & Cap Savings
RegularPer Game
2025 📝
March 19: Roster bonus due
35$6,250,000$1,667,000$1,500,000$750,000$250,000$10,108,1763.6%
2026 📝
February 15: Contract voids
36Void$1,667,000VoidVoidVoid$3,334,0001.1%
202737Void$1,667,000VoidVoidVoid$00.0%
Total$6,250,000$5,001,000$1,500,000$750,000$250,000$13,442,176

Contract Notes

Adam Thielen signed a revised one year contract with the Carolina Panthers worth $8.75 million with an additional $4.0 million available through performance incentives. Thielen receives a $1.5 million roster bonus on March 18, 2025.

Cash Flows

- fully earned money
- unearned or partially earned money
$8.8M
2025
Cash Due$8,750,000
Running Cash$8,750,000
Career Earnings: $81,849,397
Career APY: $6,820,783
Potential Earnings: $90,599,397
Total Guarantees: $52,454,529
Largest Cash Payment: $14,353,529 (2022)
Largest Cap Number: $12,768,750 (2020)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
VikingsUDFATerminated20133$1,485,000$495,000$0$00.0%$0
VikingsPracticeExpired20131$102,000$102,000$0$102,000100.0%$102,000
VikingsSFAExpired20142$930,000$465,000$0$930,000100.0%$465,000
VikingsERFAExpired20161$600,000$600,000$0$600,000100.0%$600,000
VikingsRFARenegotiated20174$19,246,000$4,811,500$9,596,000$11,846,00061.6%$5,923,000
VikingsExtensionRenegotiated20194$64,800,000$16,200,000$14,105,000$35,973,75055.5%$11,991,250
VikingsOtherTerminated20223$44,677,058$14,892,353$13,253,529$14,353,52932.1%$14,353,529
PanthersSFARenegotiated20233$25,000,000$8,333,333$14,000,000$18,044,11872.2%$9,022,059
PanthersOtherActive20251$8,750,000$8,750,000$1,500,000$00.0%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Vikings10$63,805,279$6,380,528$50,196,4550.0%$13,550,0000.0%
Panthers2$18,044,118$9,022,059$13,249,0000.0%$00.0%

Season History

YearTeamBase SalaryProrated BonusRoster BonusPer Game Roster BonusWorkout BonusOther BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2013Vikings$102,000$0$0$0$0$0$0$102,0000.1%$102,000
2014Vikings$420,000$0$0$0$0$0$0$420,0000.3%$420,000
2015Vikings$510,000$0$0$0$0$0$0$510,0000.3%$510,000
2016Vikings$600,000$0$0$0$0$0$0$600,0000.4%$600,000
2017Vikings$2,746,000$1,000,000$0$0$0$0$2,746,000$3,746,0002.2%$6,746,000
2018Vikings$3,850,000$1,000,000$0$100,000$50,000$1,100,000$2,850,000$6,100,0003.2%$5,100,000
2019Vikings$805,000$2,800,000$4,300,000$100,000$100,000$0$5,105,000$8,105,0004.2%$14,273,750
2020Vikings$4,800,000$2,800,000$5,000,000$100,000$100,000$0$9,800,000$12,768,7506.4%$10,000,000
2021Vikings$1,100,000$4,300,000$0$500,000$100,000$0$0$5,941,1763.2%$11,700,000
2022Vikings$4,253,529$6,550,000$0$1,000,000$100,000$0$4,253,529$11,903,5295.7%$14,353,529
2023Panthers$1,165,000$1,667,000$0$500,000$0$0$1,165,000$3,332,0001.4%$10,000,000
2024Panthers$5,500,000$1,667,000$2,000,000$500,000$250,000$0$6,500,000$9,917,0003.8%$8,044,118
2025Panthers$6,250,000$1,667,000$1,500,000$750,000$250,000$0$0$10,108,1763.6%$8,750,000
2026Panthers$15,000,000$1,667,000$0$0$0$0$0$3,334,0001.1%$0
2027Panthers$30,000,000$1,667,000$0$0$0$0$0$00.0%$0
Total$77,101,529$26,785,000$12,800,000$3,550,000$950,000$1,100,000$32,419,529$76,887,631$90,599,397
Dead Money History
TeamYearCap ChargeCash Paid
Vikings2023$13,550,000$0
Total$13,550,000$0

Statistics

YearGames PlayedGames InactiveSnapsRushingReceivingFumbles
InjuredHealthyOffenseSpecialAttYardsAvgTDRecYardsAvgTDTotalLost
2014160014.6%58.3%000.00813717.1100
2015160021.3%59.0%48922.301214412.0000
2016160074.8%21.7%2157.506996714.0521
2017160092.5%0.9%11111.0085121514.3432
2018160096.2%1.3%5306.00113137312.2911
2019105042.8%0.7%461.513041813.9600
2020150085.6%0.5%3155.007492512.51400
2021132066.4%0.2%122.006772610.81000
2022170089.2%0.4%144.007071610.2600
2023170091.0%0.0%166.0010310149.8400
2024100041.3%0.0%000.004861512.8500

Valuation Diamond

The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

OTC ValuationAPY
Regular$4,408,000$8,750,000
Injury Adjusted$4,408,000$8,750,000
test
OTC Valuation $5.6M $11.1M $16.7M $22.3M $27.9M APY $6.7M $13.4M $20.1M $26.8M $33.5M $9,699,000 $6,435,949

Weekly Valuation Trends

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.