The NFL’s new league year kicks off at 1 p.m. Pacific Time on Wednesday, and 32 NFL teams are navigating the critical salary cap deadline. The Seattle Seahawks, with approximately $42 million in cap space following strategic releases, face some challenging decisions.
Recent departures, including Jamal Adams alongside Quandre Diggs, Will Dissly, and Bryan Mone, shaped the Seahawks financial landscape. This cap flexibility opens doors for them to make further roster adjustments. The team’s wide receiver, Tyler Lockett, successfully secured his place with the team, benefiting from a timely contract extension.
How much will Tyler Lockett get from his Seahawks contract?
Star wide receiver Tyler Lockett and the Seahawks have come to terms on a reworked two-year contract, according to NFL Network insider Mike Garafolo. The deal carries a base value of $30 million, with incentives that could push its total worth to $34 million. This move assures Lockett’s financial security while keeping him a key weapon in the Seahawks’ offensive arsenal.
Under the revised terms, the veteran will earn $13 million guaranteed, a significant improvement from his previous arrangement, via NFL.com.
This renegotiation comes on the heels of Lockett’s previous four-year, $69 million contract signed in 2021. The deal included a substantial $19 million signing bonus and $37 million guaranteed. However, the possibility of a $26.8 million cap hit in 2024 prompted a necessary reassessment.
Facing a hefty dead cap penalty of $19.7 million if released, the Seahawks and star wide receiver Tyler Lockett struck a deal to restructure his contract. This win-win move ensures Seattle maintains financial flexibility while retaining a key offensive weapon.
Lockett’s future in Seattle was briefly in question due to the complex contract situation. Drafted by the Seahawks in the 2015 third round, he’s blossomed into a cornerstone of the team’s offense. His impressive resume includes a Pro Bowl selection, first-team All-Pro honors, and multiple second-team All-Pro nods, solidifying his status as an elite wide receiver.
How did Tyler Lockett perform this season?
The previous season may not have seen Tuler Lockett reach the heights of his past performances, but he proved his enduring skill in the 2023 season. He recorded 79 receptions for 894 yards along with five touchdowns. He remained a key asset for the team by contributing both on and off the field.
From rookie sensation to Seahawks household name, the wide receiver has captivated fans since his 2015 debut. He’s etched his name in franchise history with a dazzling stat line: 612 receptions, 7,994 yards, and 59 touchdowns. A true Seahawk through and through, he’s spent his entire career in Seattle, solidifying his place as one of the team’s all-time greats.
His consistency is undeniable. In seven seasons, he’s only missed a mere three games, showcasing remarkable durability. Only the legendary Steve Largent sits above him in the franchise record books, a testament to the wide receiver’s impressive career.
