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Source: Minnesota Vikings QB Kirk Cousins agrees to one-year extension worth $35 million

The Minnesota Vikings agreed to terms on a new contract Sunday with quarterback Kirk Cousins, the team announced, giving him an immediate raise and also fully guaranteeing an additional season in 2023 to help alleviate their tight salary cap.

The deal ensures that Cousins will remain the Vikings' quarterback as the franchise begins a new era with general manager Kwesi Adofo-Mensah and coach Kevin O'Connell.

Cousins' agent, Mike McCartney, tweeted the news Sunday evening, adding another chapter to Cousins' unprecedented success on the business side of football.

"I am thrilled for the opportunity to play for Kevin and could not be more excited about the direction of our team," Cousins said in a statement.