Russell Wilson's new $87 million Seahawks contract is a monster

After drawn-out negotiations all off-season, Russell Wilson has agreed to a four-year, $US87.6 million contract extension with the Seattle Seahawks, SI’s Peter King reports.

The deal comes with a $US31 million signing bonus (tied for the most in the NFL this season), $US60 million guaranteed (the second-most in the NFL), and a $US21.9 million average salary that ranks second in the NFL behind Aaron Rodgers. It’s a monster contract, and it comes only hours before a self-imposed deadline would have cut off negotiations until next summer.

Heading into the offseason, Wilson was believed to be aiming for a record-setting contract that seemed like a matter of “when,” not “if.”

However, things suddenly became quiet, and it was later reported that Wilson and the Seahawks were “tens of millions” of dollars apart. When Cam Newton signed a $US103 million contract with $US60 million guaranteed (with only half of that guaranteed for injury, importantly), it seemed that whenever Wilson got an offer, it would trump Newton’s.

Instead, Wilson reportedly turned down a deal worth $US21 million per year, but with far fewer guarantees and money upfront, making the deal less lucrative than some of his peers.

In the end, he got a bigger deal than Newton based on average salary, and more guaranteed money (depending on how much is guaranteed for injury).

Wilson confirmed the news on Twitter: 

 

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