Cutting ties with Gabe Jackson - those are significant moves that free up more than $27 million in space. Trading Noah Fant, releasing Shelby Harris. There are even several worlds in which the Seahawks still sign Bobby Wagner despite enriching Geno. There’s no world in which a two-year deal for a bridge quarterback ruinates a franchise. the third year is there mostly for show and won’t contain much guaranteed. Unless the contract structure is way out of the box. Probably more accurate to view the deal as a 2/50 with a moderately affordable out after 2024. It’s easy to get hung up on the initial $105 million headline and assume the Seahawks compromised their cap situation. If conversely, you believe Smith will improve as the cap rises, the contract has a chance to be a significant steal. Absent the very-worsest-case scenario, though, the move isn’t disastrous, crippling, desperate - pick your adjective. If you believe Smith peaked and is crashing back to earth, the contract indeed has a chance to be an overpay, albeit one with an easy out after 2024. That middle guy is still worth the money, though. Like I said, the end is a little worrying for the Seahawks. His oft-cited purported second-half slump is real, or fake, depending on what flavor of statistic you enjoy. There’s a reason Smith didn’t score a 4-year, $160 million payday, and it’s because of an incomplete track record and some inconsistencies along the way in his one relevant full season. That decision will play well within the V-Mac walls and in free agency.įurthermore, it’s a win for the short term and long term prospects of the Seattle Seahawks football club, from the business side.īut before I elaborate, it’s time for the usual objections. The Seahawks went the route of rewarding a veteran who proved it on the field. It would’ve been risky to place a transition tag on him. It would’ve been bad politics to lowball Smith or let him walk, only for someone to offer him roughly the same 3/105 compensation. Remember this picture? There’s a new vibe around here, and it revolves around the quarterback. For more supporting evidence, click on “The Other John” Gilbert’s roundup with teammate reaction. Players like Geno more than Russ and that’s okay to say. It’s not conjecture to say that the rest of the roster displays public support for Smith in a way they didn’t always do for his predecessor under center. ️Geno geno geno!!! Let ‘em hear it!!!- Will Dissly March 6, 2023 The locker room is squarely behind the man who led them to a surprising 9-8 season and playoff berth when Vegas had unkindly set Seattle’s over/under at five and a half victories. Next, it’s also a win for the reborn Seahawks culture. Point is that’s his company now, financially. Is Smith better than the Carr-Cousins-Goff Circle of Competency? Is he worse? Well, that’s the debate, because of his small sample size and age. If Smith whiffs on most the incentives and/or a worse version of himself shows up, then he still makes more money than ever before, but also gets paid like the QBs a tier below. Jared Goff, whose Lions scored more touchdowns than the Bills, scores a 33.5 AAV. Derek Carr just skimmed 4/150 from the Saints so he’s sitting at 37.5. Kirk Cousins banked $36 million last year. There’s chatter that Geno took a hometown discount and some corresponding concern he fleeced the Seahawks, but in the end if he hits incentives he secured an AAV that places him in the company of veterans who’ve posted multiple good seasons without ever being elite. He has $30 million in incentives.- Mike Garafolo March 7, 2023 Smith will earn $28 million in the first year of the deal. The #Seahawks’ deal with Geno Smith has a base value of $25 million per season (three years, $75 million) with $40 million fully guaranteed at signing, sources say.
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