Krause was drafted in the second round of the 1964 NFL draft by the Washington Redskins. In his rookie season, he led the NFL in interceptions with 12, including interceptions in seven straight games, and was named to the All-NFL first team. He was named to his first of eight Pro Bowls and was second only to teammate Charley Taylor for the NFL Rookie of the Year award.
Although he intercepted 28 passes in his first four seasons with the Redskins, he was traded to the Minnesota Vikings for linebacker Marlin McKeever and a seventh-round draft choice in the 1968 NFL draft.
Krause played with the Vikings until he retired after the 1979 season. During that time, he was one of 11 players to play in all four of the Vikings Super Bowl appearances (Super Bowl IV, VIII, IX, and XI). Krause recorded an interception in Super Bowl IV and a fumble recovery in Super Bowl IX.Krause was often referred to as the Vikings "center fielder" because of his success as an interscholastic baseball player and his ability to catch interceptions.
He currently holds the all-time interception record in the NFL with 81, which he returned for 1,185 yards and three touchdowns. He set the record in 1979 against the Los Angeles Rams, in the second quarter of a 27-21 overtime loss with his 81st interception coming in the final quarter. The previous record of 79 was held by Emlen Tunnell, another former Hawkeye who played for the New York Giants and the Green Bay Packers from 1948 to 1961.
Krause recovered 19 fumbles, returning them for 163 yards and three touchdowns. Krause only missed two games due to injuries in 16 seasons.
In 1994, Krause was elected to the Board of County Commissioners for Dakota County, Minnesota. He served for twenty years and he did not seek re-election in 2014.
Currently, Krause is involved in real estate development and insurance, and he owns several restaurants, including the Dairy Delite in Lakeville, Minnesota. He previously owned a golf course in Elk River, Minnesota.Krause was named to the Iowa Sports Hall of Fame in 1985, the Pro Football Hall of Fame in 1998, and the Boys & Girls Clubs of Sarasota County Sports Hall of Fame on May 7, 2004.
Krause is married to his wife, Pam, and has two daughters, Mandi and Zendi, and one son, Blair.
In 1995, Pam Krause was severely injured in a car accident near their home in Lakeville, Minnesota when she was hit by a truck. She spent five and a half months in a coma, but survived and is recuperating.
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