Friday, July 31, 2015

Seattle's $87.6 Million Dollar Man

[ed. I love Russell Wilson, but... wow. I hope this doesn't compromise contract negotiations for any of the other great players on the team.]

It took until almost the 11th — or should that be the 12th? — hour.

But the Seahawks have reached an agreement on a contract extension with quarterback Russell Wilson this morning, shortly before the team is to begin training camp at the VMAC in Renton, preparing for the 2015 season — and when Wilson’s side had set a deadline to get the deal done or play the season without an extension. Wilson confirmed the news via Twitter.

The contract is said to be a four-year extension worth $87.6 million, according to Peter King of Sports Illustrated, who first had the news.

It is said to include a $31 million signing bonus with $60 million guaranteed. The guaranteed money had been regarded as one of the prime sticking points in the negotiations. That is more than the $54 million guaranteed of Green Bay’s Aaron Rodgers, whose contract is for $22 million a year, a little more than the $21.9 million of Wilson.

While the average per year is about what it had been said Wilson had been offered all along, the guarantee is higher than a source said the team had initially been offering, and it was that increase that appears to have allowed the deal to get done.

Wilson was entering the final season of his initial four-year rookie contract which would have paid him $1.52 million in 2015.

by Bob Condotta, Seattle Times | Read more:
Image: Wikipedia