John Schneider wheeling and dealing once again.
According to a report from Field Yates Tuesday morning, the Seattle Seahawks created cap space with a recent restructure of DK Metcalf’s contract. More specifically, Seattle converted $11.875 million of Metcalf’s salary in 2024 into a bonus.
When money is paid out to a player via a bonus , the value of the bonus is prorated across the term of the contract for up to five years. This is why Seattle additionally added three void years onto the contract to help spread the $11.875 million across five full years . The three void years that were created do not mean that Metcalf is under contract with Seattle through 2028. Rather, they are a cap tool to help prorate the bonus and create immediate cap room. The Seahawks will surely have to resign Metcalf to another long-term extension before his non-void years expire after the 2025 season. So how much did this maneuver create? With the restructure, Seattle created $9.5 million in cap space. After the move, Seattle has approximately $13.2 million in cap space, according to Over the Cap. Does this move predict a possible free agent signing for Seattle? It is very possible. Yesterday we discussed some possible offensive tackle options Seattle may be interested in with the recent injury to George Fant. Seattle could also be interested in beefing up the offensive line at the guard position after both Anthony Bradford and Laken Tomlinson struggled mightily in the first half of last Sunday’s victory against the Denver Broncos. Or perhaps Seattle could be looking to make an in-season extension of one of their many young stars. Jerome Baker, Tyrel Dodson, Connor Williams, Tre Brown, among others are all veterans set to hit free agency next Spring. Geno Smith has already reached out about an extension. Other young studs like Riq Woolen and Boye Mafe will also be eligible for extensions, however that will be after this season ends. John Schneider could even be saving this money for later in the season if Seattle were on the brink of legitimate contention and would be looking for another in-season trade. The more boring option is that this move simply was to create further breathing room for later in the season if an injury were to occur. Whatever move John Schneider chooses to make, he now has the financial flexibility to do so.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can ‘Hazbin Hotel’s’ Alastor Can Be Redeemed? Amir Talai Weighs InPrime Video&39;s &39;Hazbin Hotel&39; Season 1 Alastor the Radio Demon (Amir Talai)
Read more »
'Coraline' Triumphs at the Box Office During Her Return to TheatersCoraline and Wybie observe a &39;bottomless well&39; near the Jones&39; house
Read more »
‘RuPaul’s Drag Race All-Stars’ Is Losing Its Star-PowerThe 10 Best Lipsyncs in &39;RuPaul&39;s Drag Race,&39; Ranked
Read more »
'Below Deck Med's Chef Johnathan Shillingford Addresses FiringChef Jono&39;s publicity headshot for &39;Below Deck Med.&39;
Read more »
Gina Rodriguez and Shaquille O'Neal Are Changing Lives on 'Lucky 13'Gina Rodriguez and Shaquille O&39;Neal smile while hosting &39;Lucky 13&39;
Read more »
This Apple TV+ Series Pairs the Villain and the Heroine as Lovers and EnemiesHansu holds Sunja&39;s face with his hands in a scene from &39;Pachinko&39;
Read more »