Last March, the Seattle Seahawks made a significant commitment to their quarterback, Geno Smith, by signing him to a three-year extension worth $25 million per season, with $40 million fully guaranteed. This extension ranks Smith as the 20th highest-paid quarterback in the NFL in terms of average annual value (AAV).
The Seahawks’ decision to retain Smith for the 2024 season was solidified by guaranteeing $12.7 million, despite the potential $14 million cap savings had they opted to release him. This move underscores the confidence the Seahawks' management has in Smith's abilities and potential future contributions to the team.
Continuing to Invest in Smith
The Seahawks chose to bypass selecting a quarterback in the recent draft, instead making a trade for Sam Howell and signing PJ Walker. This strategic decision further signals their commitment to Smith as their front-line quarterback, suggesting they see a promising future with him leading the team.
Smith had a standout 2022 season where he led the league with a 69.8% completion rate, threw for 4,282 yards, accounted for 30 touchdowns, and recorded 11 interceptions. His performance guided the Seahawks to a 9-8 record and secured a playoff berth. His exceptional play was recognized with a spot in the Pro Bowl.
Solid 2023 Performance
In the 2023 season, Smith continued to deliver solid numbers, amassing 3,624 passing yards, 20 touchdowns, and 9 interceptions. His efforts enabled the Seahawks to an 8-7 record and once again earned him Pro Bowl honors. As Smith approaches his 34th birthday, his consistent performance demonstrates his proficiency and experience on the field.
Managing the Salary Cap
The Seahawks are currently $25.6 million over the salary cap for 2025, according to OverTheCap.com. This financial challenge has led to discussions around crafting an incentive package for Smith this year as a potential solution to manage cap space. Such a strategy could provide flexibility in rewarding Smith's performance while addressing the team's salary cap concerns.
Smith himself remains optimistic about his growth and development, stating, "Still getting better." This self-assured perspective reflects his ongoing commitment to improving his game and contributing positively to the team's success.
Looking Ahead
Seattle holds the 11th overall pick in the 2025 draft, according to sportsbook odds. This position could offer opportunities to strengthen the roster further and support Smith's efforts on the field. The idea of meeting at the negotiating table next year, as suggested by the sentiment of the article’s author, hints at the possibility of future discussions to re-evaluate and potentially extend Smith’s contract based on his performance and the team’s needs.
As the Seahawks navigate their financial constraints and strategic goals, their commitment to Geno Smith remains a central theme. His impressive stats, leadership, and potential for future growth make him a valuable asset. The upcoming seasons will be pivotal as Seattle continues to balance talent acquisition with salary cap management, all while aiming to build a competitive team around their experienced and reliable quarterback.