Sources – Seahawks to let QB Geno Smith gather $12.7 million

RENTON, Wash. — Seattle Seahawks quarterback Geno Smith, who has $12.7 million on his contract that’s set to turn into absolutely assured Friday, was knowledgeable Thursday that he’ll stay on Seattle’s roster by way of this week, sources instructed ESPN’s Adam Schefter.

Smith’s contract requires his $12.7 million base wage for subsequent season to turn into absolutely assured Friday supplied he is nonetheless on the roster. That cash was assured for damage solely on the time Smith signed his three-year, $75 million deal final March.

Smith is now assured of amassing that $12.7 million, although he is not essentially assured of remaining with Seattle subsequent season because the Seahawks may commerce him earlier than March 18.

Smith additionally has a $9.6 million roster bonus due on March 18 in addition to a $200,000 exercise bonus. The $22.5 million he is set to make in 2024 ranks 18th amongst quarterbacks, based on Spotrac.com. Smith’s $31.2 million cap cost for subsequent season ranks twelfth amongst quarterbacks, based on OverTheCap.com.

The Seahawks believed that, with salaries hovering for beginning quarterbacks in as we speak’s market, the correct resolution was to ensure Smith’s $12.7 million, sources instructed Schefter. Now Smith will characterize a price to them — or every other staff that decides to achieve out to see if it could purchase Smith by way of commerce.

Smith made the Professional Bowl and gained NFL Comeback Participant of the 12 months in 2022 in his first season as Seattle’s full-time starter after spending many of the earlier seven seasons as a backup. He threw an NFL report seven go-ahead landing passes within the fourth quarter and additional time in 2023 and posted the league’s finest Whole QBR over the ultimate six weeks. However his numbers dipped throughout the board this previous season, together with 10 fewer landing passes (he additionally threw two fewer interceptions).

Smith completed seventh in Whole QBR in 2002 and 14th this previous season, making the Professional Bowl this month as an damage substitute.

Smith’s future with the Seahawks has appeared unsure after his up-and-down season and the latest shakeup in Seattle’s energy construction. Mike Macdonald changed Pete Carroll as coach whereas common supervisor John Schneider was given last say on personnel issues, which used to belong to Carroll.

Neither Schneider nor Macdonald have made public feedback committing to Smith as Seattle’s starter in 2024. In his introductory information convention this month, Macdonald referred to as Smith a “actually good participant” however appeared to allude to his unsure future by saying, “we’ll see how the entire scenario shakes out over time.”