Though Wilson set a deadline of midnight Monday for reaching a new extension, the two sides were willing to negotiate until the early hours of Tuesday and ultimately consummated a record-setting deal. Now the highest-paid player in NFL history, Wilson's contract is worth $35 million annually from 2020 through 2023 and contains a $65 million signing bonus. The five-time Pro Bowler's deal also includes a no-trade clause, likely ensuring that he finishes out his prime years in Seattle.
Monday is Wilson's deadline for wanting a new contract as he enters the final season of his four-year, $87.6 contract. Wilson is obviously looking for a huge payday, but it is encouraging that the quarterback is still going to attend team events despite a deal not being in place as of now. Details on negotiations between the two parties will likely continue to be reported throughout the summer.
Entering the final season of a four-year, $87.6 million contract, Wilson hopes to sign an extension before the start of Seattle's offseason program. His current deal ranks 12th among quarterbacks in average annual value, while the new contract surely will put him within the top five, potentially even ahead of first-place Aaron Rodgers ($33.5 million). The Seahawks have plenty of cap space available beyond 2019, but they also have three prominent defensive players -- Bobby Wagner, Frank Clark and Jarran Reed -- entering contract years. Wilson said he's willing to play out 2019 without a new contract if he isn't pleased with the offers, though there's little doubt the Seahawks would then hit him with a franchise tag next offseason.
Heading into the final season of a four-year, $87.6 million extension, Wilson has a reasonable argument to break one or both of the contract records set by Matt Ryan ($94.5 million fully guaranteed) and Aaron Rodgers ($33.5 million per season) this past year. No longer buoyed by a superstar-laden defense, the 30-year-old quarterback nonetheless led Seattle to the playoffs in 2018, posting a 10-6 record in what might've been viewed as a rebuilding season. With their youth movement well under way, the Seahawks have enough cap space to give Wilson a massive contract and also add a bit more help around him. Discussions should begin soon enough, though the potential for a work stoppage in 2021 could make things a bit tricky.
Wilson completed 18 of 27 passes for 233 yards and a touchdown in Saturday's playoff loss to the Cowboys. He also rushed three times for 14 yards and a touchdown.
Wilson led the Seahawks into the red zone just once in the first half, and he took the lead with a four-yard touchdown run during the team's second trip late in the third quarter. Wilson's passing game was bottled up until it was too late, when he threw 75 yards and a score with less than two minutes left in the game to bring the team within two points. The Seahawks never got the ball back however and were strapped with the loss. Despite the defeat, Wilson managed another strong season with a career-high 35 passing touchdowns and just seven interceptions. Coach Pete Carroll committed to the run this season so Wilson averaged under 27 pass attempts per game, leading to just 3,488 passing yards -- his lowest total since 2013. The 30-year-old is heading into the final year of his contract, and there's a chance the Seahawks franchise tag him for the 2020 season, which would cost the team $30.34 million, if they can't reach another multi-year deal.
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