Sources – Seahawks will allow QB Geno Smith to earn $12.7 million | Top Vip News

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  • Brady Henderson, ESPNFebruary 15, 2024, 02:13 pm ET

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      Brady Henderson is a reporter for NFL Nation on ESPN. Henderson covers the Seattle Seahawks. He joined ESPN in 2017 covering Seattle Sports 710-AM. You can follow him on Twitter @BradyHenderson.

RENTON, Wash. — Seattle Seahawks quarterback Geno Smith, who has $12.7 million on his contract that will become fully guaranteed on Friday, was informed Thursday that he will remain on Seattle’s roster through this week, sources told Adam Schefter of ESPN.

Smith’s contract calls for his $12.7 million base salary for next season to be fully guaranteed on Friday, as long as he is still on the roster. That money was guaranteed per injury only at the time Smith signed his three-year, $75 million contract last March.

Smith is now guaranteed to collect that $12.7 million, although he is not necessarily sure to remain with Seattle next season since the Seahawks could trade him before March 18.

Smith also has a $9.6 million roster bonus that expires March 18, as well as a $200,000 coaching bonus. The $22.5 million he will earn in 2024 ranks 18th among quarterbacks, according to Spotrac.com. Smith’s $31.2 million salary cap charge for next season ranks 12th among quarterbacks, according to OverTheCap.com.

The Seahawks believed that with rising salaries for starting quarterbacks in the current market, the right decision was to guarantee Smith’s $12.7 million, sources told Schefter. Now Smith will represent value to them, or any other team that decides to reach out to see if they can acquire Smith in a trade.

Smith was selected to his second straight Pro Bowl last season, passing for 3,624 yards with 20 touchdowns and nine interceptions.

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