Russell Wilson’s new $87 million Seahawks contract is a monster
After drawn-out negotiations all off-season, Russell Wilson has agreed to a four-year, $87.6 million contract extension with the Seattle Seahawks, SI’s Peter King reports.
The deal comes with a $31 million signing bonus (tied for the most in the NFL this season), $60 million guaranteed (the second most in the NFL), and a $21.9 million average salary that ranks second in the NFL behind Aaron Rodgers. It’s a monster contract, and it comes only hours before a self-imposed deadline would have cut off negotiations until next summer.
What makes Wilson’s contract unique is the insane amount of guaranteed money. Wilson’s deal is 68.4% guaranteed, which is far more than many of his peers, according to Over the Cap. Rodgers’ deal, for instance, is only 49% guaranteed, and Cam Newton’s monster new contract is only 39.5% guaranteed.
Wilson essentially passed up the rumored massive $120 million deal for something smaller with a high amount of guaranteed money.
http://finance.yahoo.com/news/russell-wilsons-87-million-seahawks-140312222.html