Seahawks Maintain Present/Future Cap Flexibility Amid Receiver Spending Spree
Kicking off a busy Monday in late March with a bang, the Seattle Seahawks worked swiftly to reward Offensive Player of the Year Jaxon Smith-Njigba with a record-setting extension, making the superstar receiver the highest-paid player at his position in NFL history with a four-year, $168.6 million contract.
Only a few hours later, weeks after locking up speedy wideout/return specialist Rashid Shaheed a three-year, $51 million contract on the first day of free agency, general manager John Schneider dipped even more financial assets into the receiver group, as the Seahawks opted to match the Jaguars’ two-year offer sheet for special teams ace Jake Bobo. Between those three contracts, the franchise has shelled out north of $220 million at the position this month, including over $120 million in guarantees for Smith-Njigba’s market-setting extension.
Adding those three deals with veteran Cooper Kupp’s remaining two years with base salaries of $12.9 and $12.4 million, per Spotrac, Seattle has a league-high $83 million in combined average annual value (AAV) at the receiver spot in 2026 and nearly equaling that total at $78 million in 2027. In both seasons, they sit at least $6 million ahead of the next team behind them, illustrating tremendous investment in the position compared to the rest of the NFL.
Analysis: Could Seahawks Opt for ‘More Bobo,’ Match Jaguars’ Offer Sheet?
Making a last minute pivot in the final hour before free agency officially kicked off on March 11, the Seahawks decided to change course by placing a right of first refusal tender on restricted free agent receiver Jake Bobo, hoping that would prevent another team from signing the popular veteran.
But a little over a week after tendering him at a $3.52 million value for 2026 with the aim of discouraging other suitors from signing him, even after deciding not to let him become an unrestricted free agent as originally planned, Seattle still faces the prospect of losing Bobo. Still drawing interest from other teams, the Jaguars jumped into the fray by signing the former UCLA standout to an offer sheet, giving the Seahawks five days to make a decision on whether to match the offer or allow him to walk away in free agency.
According to Albert Breer of Sports Illustrated, Jacksonville offered a two-year deal worth $5.5 million, which would actually carry smaller cap hits than the $3.52 million value of Bobo’s tender. The deal carries $4.5 million in guaranteed salary with a big chunk of that being paid out in the second year, which goes against how Seattle typically structures contracts, especially for reserve players. The contract also has $1.5 million in additional incentives available to push the maximum value to $7 million.
Seahawks Free Agency Tracker: Re-signings, Departures, and Rumors
Officially opening the new NFL league year, the Seattle Seahawks and all 32 teams will be jockeying for position to sign their own players and court outside free agents when the legal tampering period opens on Monday at 9 AM PT.
Unlike previous seasons, including when linebacker Ernest Jones and defensive tackle Jarran Reed struck deals late in the process leading up to the new league year, Seahawks general manager John Schneider has not signed any of the team’s nine unrestricted free agents prior to the tampering period. As a result, all of those players will now be able to speak with other teams with the exclusive negotiating window coming to a close.
Who will Seattle re-sign? Which players will bolt for greener pastures? And which newcomers will join the defending champs via free agency or trade?
Seahawks Locking Up Restricted Free Agents, Maintaining Championship Core
While the Seattle Seahawks have lost several former starters in free agency, including running back Ken Walker III and safety Coby Bryant, the franchise has made keeping most of its championship core together a top priority.
Aiming to keep the band together for the most part, the Seahawks have worked swiftly to retain several of their restricted free agents early in the free agency window. The process started in earnest one week before the new league year kicked off with linebacker Drake Thomas signing a two-year, $8 million deal to avoid becoming an unrestricted free agent without a tender, ensuring both of the team’s starters at the position would be under contract through 2027.
With free agency officially starting on Wednesday, Seattle has continued to lock up restricted free agents with new contracts, starting with the decision to place a right of first refusal tender on receiver Jake Bobo. Later in the day, the team signed long snapper Chris Stoll to a two-year contract and welcomed back reserve safety AJ Finley on a one-year contract. On Thursday, one day after he became an unrestricted free agent without a tender placed on him, tight end/fullback Brady Russell returned on a two-year deal of his own and defensive tackle Brandon Pili inked a one-year deal worth $2 million.
Analysis: Predicting How Seahawks’ 2026 Free Agency Period Will Unfold
Beginning their title defense a little over a month after capturing the Super Bowl LX crown, the Seattle Seahawks will have no shortage of challenging decisions to make with the start of a new league year on March 11 and other teams looking to steal several marquee players from their roster in free agency.
Will general manager John Schneider be able to keep most of Seattle’s big name free agents and run it back in 2026? Or will Ken Walker III, Rashid Shaheed, and others bolt with more lucrative opportunities elsewhere? And could a few big splashes be on tap supplementing the roster without outside free agents?
Analysis: Ranking Riq Woolen, Seahawks Projected 2026 Free Agents
Now officially in offseason mode after capturing a Super Bowl title for the second time in franchise history, the Seattle Seahawks have several big questions to answer on the free agency front with a new league year set to begin on March 11.
Compared to prior offseasons, the Seahawks have a quite healthy financial situation, as OverTheCap.com has them currently with $62 million in effective cap space, the sixth-most in the NFL. But at the same time, in addition to 16 unrestricted and restricted free agents, general manager John Schneider has several young stars now eligible for extensions, including All-Pro receiver Jaxon Smith-Njigba and cornerback Devon Witherspoon, inevitably meaning that the franchise won’t be able to keep everyone set to hit the market next month.
Looking at Seattle’s projected unrestricted and restricted free agents, who stands out as the players Schneider and company should prioritize re-signing?
Sam Darnold, Seahawks Aiming to Stay Step Ahead of Patriots’ Evolving Defense in Super Bowl LX
Playing the quarterback position in the NFL has long been viewed as the most difficult job in professional sports, a fact that only has been magnified in recent years by the increasing complexity of defensive schemes around the league.
For decades, signal callers leaned heavily on half field reads post-snap to identify and attack coverages, providing a simplified approach that worked quite effectively against static defenses. However, in the modern NFL, while that approach has not been completely discarded and still has a time and place, the proliferation of well-disguised coverages has put a lot more on quarterback’s plates, making it far trickier to gauge whether an opposing defense is in man coverage, split-zone coverage with the middle of field open, or closed-zone coverage with the middle of the field occupied.
Early on his career, like all young quarterbacks who have to adapt and learn how to successfully attack complicated NFL defenses built around the art of - or at least the guise of - deception, Sam Darnold endured plenty of growing pains coming out of USC as a highly-touted top-five draft choice.
X-Factors to Watch as Seahawks Seek Lombardi Trophy vs. Patriots in Super Bowl LX
While all eyes will be on Sam Darnold, Jaxon Smith-Njigba, Leonard Williams, and other stars for the Seahawks, history suggests an unsung hero or two will rise to the moment in Super Bowl LX. Which ‘Hawks have the best chance to be X-Factors against the Patriots?
Sam Darnold’s ‘High-Powered Quarterbacking’ Silences Doubters, Vaults Seahawks Into Super Bowl
He can’t make the clutch throws. He can’t avoid turnovers. He can’t help seeing ghosts. Now an NFC Champion quarterback, narratives that followed Sam Darnold from dreary days in New York have finally been exterminated leading the Seahawks to the Super Bowl.
Top-Seeded Seahawks’ Ground Attack Coming Alive at Perfect Time
Keying the franchise’s quick ascent to Super Bowl contender, after a slow start in Klint Kubiak’s offense early in the fall, Ken Walker, Zach Charbonnet, and a rapidly improving offensive line have the Seahawks armed and ready to make noise in January.
Seahawks Place WR Tory Horton on Injured Reserve, Elevate 2 From Practice Squad to Face Titans
After already missing the previous two games, the Seahawks will be without their standout rookie playmaker for at least another month as he continues to battle through a shin injury.
Injury Report: Ernest Jones Good to Go For Seahawks, Two Ruled Out vs. Rams
Named a captain alongside current - and former - teammate Cooper Kupp, Ernest Jones will be in uniform for the Seahawks heading into a massive NFC West matchup with the Rams. Who’s in and who’s out at SoFi Stadium for Mike Macdonald’s team?
WATCH: Expect Heavy Dose of Rashid Shaheed in Seahawks’ Debut vs. Cardinals
The Seahawks may not have been inclined to ease Rashid Shaheed into action anyway, but thanks to a litany of injuries, there won’t be any training wheels as his new team has no choice but to fully unleash him five days after arriving from the Saints.
Seahawks Rule Out 5 Players For SNF Road Battle at Commanders
Headlined by Julian Love’s prolonged absence, early half a dozen players were ruled out by the Seahawks two days before kickoff, a sign that more moves could be coming in the next 24 hours as the team gears up for a tough road contest against the Commanders.
Week 1 Inactives: Seahawks Light at WR, EDGE for Opener vs. 49ers
The Seahawks will enter their season opener lacking bodies at receiver and off the edge, which could lead to some interesting decisions from Mike Macdonald and his coaching staff to compensate against the 49ers.
Injury Report: Seahawks Rule Out 3 Veterans For Season Opener vs. 49ers
Though he’s ramped up his activity at practice, Uchenna Nwosu won’t be ready to suit up for the Seahawks in Sunday’s opener, while two veteran wideouts will also be held out against the 49ers.
Instant Takeaways: Sloppy Seahawks Blasted 20-7 By Packers in Exhibition Finale
Coughing up the football four times total in the game, Jalen Milroe and the Seahawks couldn’t stay out of their own way in a rough finish to the preseason in Green Bay.
Jake Bobo Embracing ‘Different Dynamic’ as Versatile Vet in Year 3 With Seahawks
Now in his third NFL season with a new sense of responsibility, the #MoreBobo movement remains alive and well with one of the most unlikely Seahawks fan favorites continuing to find new ways to impress.
Seahawks 53-Man Projection: Who Makes Cut After First Two Preseason Games?
Less than three weeks away from the 49ers visiting Lumen Field, the Seahawks will soon have to make a number of tough decisions with their roster. Who has an inside track to the 53 after two preseason games?
Instant Analysis: Zach Charbonnet, Seahawks Run Wild in 33-16 Preseason Win vs. Chiefs
Rushing for nearly 200 yards before halftime, the Seahawks set the tone early on a rainy night at Lumen Field, battering the Chiefs on both sides of the ball for a satisfying 17-point preseason win in front of the 12s.
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