Thursday, March 28, 2024

Wilson, Seahawks Agee to 4-Year, $87.5 Million Contract Extension

Russell Wilson

According to reports, the Seattle Seahawks and Russell Wilson have signed to big ol’ contract extension.

We’re talking a deal worth $87.5 million over four years which would represent a huge pay increase for the Super Bowl-winning quarterback.

The deal includes a $31 million signing bonus and roughly $60 million in guaranteed money. Niiiice.

Wilson was entering the final year of his four-year, $3 million rookie contract. Wilson’s rookie contract did not include a fifth-year option because he wasn’t a first-round pick. Because of that, Seattle would have had to use the franchise tag on him in 2016 — currently projected at more than $25 million — if no extension had been signed by then.

Wilson is the second of the four starting quarterbacks selected in the 2012 NFL Draft to receive a new deal. Ryan Tannehill signed a six-year, $95.3 million deal earlier this offseason. However, it was Cam Newton’s five-year, $103.8 million extension that raised the price even more for young quarterbacks. Andrew Luck is the next quarterback in line to receive a new contract, which will now likely be priced similarly to Wilson’s.

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