Jennings signed a five-year, $47.5 million deal with the Vikings worth roughly $27 million over the first three years. His contract comes in below deals recently signed by Mike Wallace (5 years $60 million) and Dwayne Bowe (5 years, $56 million) but substantially above Wes Welker’s agreement in Denver (2 years, $12 million).
Minnesota had little choice but to sign Jennings after trading away their main receiving threat, Percy Harvin, to the Seahawks in exchange for draft picks. Jerome Simpson was resigned earlier this week but given the lack of talent in the receiving corps it won’t come as a surprise if the Vikings use one of their two first-round draft picks (#23 & #25) on a receiver.
The 29 year-old Jennings appeared in eight games last year due to injury and turned in his worst season as a pro (36 rec, 366 yds, 4 TDs). He fills a gaping hole in the Vikings offense and has the ability to play on the outside or in the slot. Regardless of any moves at the receiver position yet to come, he will be the focus of the passing attack.
Ponder and the Vikings passing offense won’t be confused the Packers aerial assault anytime soon. Minnesota ranked 31st in passing yards last season and with Ponder averaging 6.1 yards per attempt (31st also), Jennings could catch 90 balls and not break 1000 yards. And do forget, the offense runs through Adrian Peterson and their run-first philosophy won’t change anytime soon.
It’s not all doom and gloom however, as Jennings would be one of many mouths to feed in Green Bay as Randall Cobb, James Jones, Jordy Nelson and TE Jermichael Finley are very deserving of targets… and will get them. In Minnesota, Jennings will be the big fish in the purple pond but will have a hard time cracking WR1 territory without significant improvement from QB Christian Ponder and the Vikings demonstrating a willingness to open up the offense.
In the end, this likely is a neutral move for Jennings’ fantasy value, representing as a low-end WR2 with very little upside due to below average quarterback play.