Russel Wilson and Friends agree to deal.

[Mr_Tomahawk]

Russell Wilson and the Seahawks have agreed to a 4-year, $87.6-million extension, per source.

— Peter King (@SI_PeterKing) July 31, 2015

[DaneMcCloud]

Originally Posted by Hootie 2.0

Oh, so he'll get another extension before 2019!? No way! Dane is a ****ing idiot

You just can't stand being wrong, can you, Pizza Boy?

[ThaVirus]

Originally Posted by JASONSAUTO

Russell Wilson contract details begin to emerge



Posted by Mike Florio on July 31, 2015, 5:45 PM EDT

USA - 2014 300 dpi Chris Ware caricature of Russell Wilson, quarterback for the Seattle Seahawks of the National Football League. (MCT via Getty Images)

Getty Images

“New money” has become one of the great fictions in the assessment of NFL contracts. But, you know, when in Rome.



For Seahawks quarterback Russell Wilson, the headline is that he signed a four-year, $87.6 million extension, with a new-money average of $21.9 million. The truth is that the last year of his current contract, at a base salary of $1.542 million, has been ripped up and replaced with a new five-year, $89.1 million deal.



But since the average of the total five-year deal is $17.8 million, it won’t be characterized that way when it comes to deciding whose is bigger.



For Wilson, the details of the five-year, $89.1 million deal have begun to emerge. With one important key metric still missing.



The signing bonus, per multiple reports, is $31 million. The total guarantee, per multiple reports, is $60 million. The amount fully guaranteed of the remaining $29 million in guarantees remains unknown.



It’s a key point because the Seahawks and Wilson’s agent had been squabbling about the portion of the contract that will be fully guaranteed at signing, since future fully-guaranteed payments must be placed into escrow now. (To raise the money, Gantt could have organized a bake sale for owner Paul Allen.)



The Dolphins fully guaranteed $60 million of defensive tackle Ndamukong Suh’s contract. For Wilson, the question is whether and to what extent he has fully-guaranteed payments beyond the $31 million signing bonus.



The base salaries are, via Ian Rapoport of NFL Network, $700,000 in 2015, $12.34 million in 2016, $12.6 million in 2017, $15.5 million in 2018, and $17 million in 2019.



This makes the cap numbers $6.9 million in 2015 (plus any remaining bonus proration from his rookie deal), $18.54 million in 2016, $18.8 million in 2017, $21.7 million in 2018, and $23.2 million in 2019.



As the salary cap continues to climb, Wilson won’t last long as the second highest-paid player in the NFL. From Eli Manning to Philip Rivers to Andrew Luck to other young quarterbacks who become stars, the bar soon will be pushed to $23 million, $25 million, and beyond.



By 2019, Wilson’s salary of $17 million will be middle-of-the-pack at best. Before then, if he keeps playing like he has, Wilson likely will have another new deal.



Permalink 42 Comments Feed for comments Latest Stories in: Rumor Mill, Seattle Seahawks, Top Stories

So this settles our debate from earlier.

His base salary for 2015 would have been $1.5 mil and his cap hit would have been $1.6 mil. The new contract changed everything. Now his base salary in 2015 will be $700,000 and his cap hit shoots up to $6.9 mil.

[Hootie]

Originally Posted by DaneMcCloud

You just can't stand being wrong, can you, Pizza Boy?

I don't know what to tell you, man. I really don't. I was right, you were wrong. There is no debate. It happens

[DaneMcCloud]

Originally Posted by Hootie 2.0

I don't know what to tell you, man. I really don't. I was right, you were wrong. There is no debate. It happens

What were you right about, exactly?

[Smed1065]

Originally Posted by DaneMcCloud

I'm not bashing you for your prediction. You said that you never threw out numbers, but you did, as proven by your quote.

I am, however, bashing you for your refusal to understand even simple math, which I've illustrated time and again and linked to a CBS Sports article that did the same.

I don't care for meaningless words like "extension". It's completely and utterly worthless. The fact of the matter is that Russell Wilson is now signed to the Seattle Seahawks for five seasons, with a maximum contractual value of $87.5 million, which divided by 5 seasons, equals $17.5 million dollars per season.

End of story.

The same media you accused of uninformed people watch (believe) previous in this thread?

[DaneMcCloud]

Originally Posted by Smed1065

The same media you accused of uninformed people watch (believe) previous in this thread?

?

[Smed1065]

Originally Posted by DaneMcCloud

What were you right about, exactly?

That he would have received the rookie salary without and extension?

Not the move to include a rookie wage that is slotted now.

[Smed1065]

Originally Posted by DaneMcCloud

?

Mass media. CBS.

My bad I think that was the Tom thread. But did say media bias.

[Anyong Bluth]

Praise be Jesus, and unused genitalia.

[Eleazar]

Originally Posted by Hootie 2.0

I don't know what to tell you, man. I really don't. I was right, you were wrong. There is no debate. It happens

There is not a single aspect of this debate that you have been right about.

[Hootie]

Originally Posted by Cochise

There is not a single aspect of this debate that you have been right about.

Please, by all means, elaborate

[Rausch]

Originally Posted by Hootie 2.0

Please, by all means, elaborate

Please do. I have no idea what this argument is about...

[Hootie]

I predicted Russell would get 5/110 with 80 and he got 4/88 with 60 and somehow that makes me an idiot

[Rausch]

Originally Posted by Hootie 2.0

I predicted Russell would get 5/110 with 80 and he got 4/88 with 60 and somehow that makes me an idiot

And this is not an extension, right? This is a new deal?

[Hootie]

Originally Posted by Rausch

And this is not an extension, right? This is a new deal?

I didn't specify, so apparently that makes me even dumber. You know, because every QB contract isn't an extension or anything.