
Russell Wilson’s current deal runs out after the 2019 season
Russell Wilson’s contract situation is about to become a long-winded and frustrating saga that could dominate the off-season and beyond.
Here’s why…
1. His 2015 deal set a precedent
The Seahawks and Wilson last began negotiating a contract extension after the Super Bowl loss to the Patriots. A deal was expected to be a formality. Other quarterbacks like Cam Newton had set the market. Wilson was due a base salary of only $1.5m in 2015 because he was still on a third-round rookie contract.
Everything was set up. Wilson no doubt sought proper financial compensation having reached two Super Bowls (winning one). The Seahawks wanted to keep a young franchise quarterback. The market had already provided the parameters for a deal.
And yet it took months for an extension to be agreed.
Instead of a formality it ended up being a long, protracted saga — played out through the media. Who knows exactly what Wilson and his agent, Mark Rodgers, had hoped to achieve? Rodgers came from a baseball background. Maybe he wanted a baseball-style contract with hefty guarantees? Maybe even a fully guaranteed contract? We’ll never know. Who can blame them for taking a shot?
Whatever was discussed — a relative stalemate occurred. And the thing that likely ended the stalemate was time. Wilson and his team wanted a deal before training camp for obvious reasons. A serious injury would’ve severely impacted his earning potential. The pressure was on to ensure Wilson didn’t miss out on his second contract — and the first lucrative deal of his career.
After a long wait a four-year $87.6m contract was finally agreed with $61.5m guaranteed.
The Seahawks in this situation had the upper hand. Wilson, as a third round pick, was not earning a fortune as a rookie. He needed a deal before the season began.
That won’t be the case in 2019.
2. Why the odds are stacked against Seattle
Wilson is now one of the richest and most successful NFL players in the league. Furthermore, he’s married to an incredibly wealthy and successful woman — forming a celebrity power couple.
His base salary in 2019 is $17m — not $1.5m. There’s simply no financial pressure to get a deal done this time.
Adding to this is the Kirk Cousins situation. Previously the franchise tag was seen as a hindrance to players. It was a way to get a nice lump sum (guaranteed) for a years work — yet the lack of long term security was seen as a problem. Cousins completely changed the perception of the tag. He gambled on his own health and performance and made considerably more than most other quarterbacks by playing on the franchise tag year after year. And when the increasing cost became too rich for the Redskins — they allowed Cousins to test the open market.
Cousins had his cake and ate it.
Someone else is going to follow his lead at some point. Considering how Wilson and Rodgers approached their last negotiation, they could be the ones to try and emulate Cousins. In 2015 they signed the deal right before training camp. This year, they could be the ones making a final demand of the Seahawks. And if the team won’t meet those demands — they’ll likely feel very comfortable playing for $17m in Wilson’s final season before anticipating the franchise tag.
If this happens — there’ll be little motivation for Wilson to do anything the following year either. Keep accumulating tags. Brady Henderson notes in this article how much he’d be set to earn:
Based on the 120 percent rule used to calculate franchise-tag values, the cost to tag Wilson would be $30.34 million (120 percent of Wilson’s scheduled 2019 cap number) in 2020 and then $36.41 million (120 percent of $30.34 million) in 2021.
Unless the Seahawks were willing to top those numbers and offer Wilson $36-38m per year on a long extension, why would he sign? He’d be getting $67m for two years work. Remember, his existing contract only contained $61.5m in total guarantees.
A third year on the tag would cost $43m. Under the current cap that wouldn’t be manageable. Who knows where the NFL will be in 2022? At the moment, however, that would likely be the point where Wilson tests the market. Just as Cousins did.
The Seahawks have no leverage in these talks. The only card they can play is an appreciation for Wilson, familiarity and the success they’ve so far enjoyed together. With tens of millions at stake that doesn’t seem sufficient.
Wilson and Rodgers can turn to the Seahawks and lay out three numbers: $30m, $36m, $43m. Annual figures all guaranteed with three franchise tags.
There’s simply no serious incentive for Wilson to take anything Seattle offers that doesn’t compare favourably to what he can get, fully guaranteed, under the tag. It’s not just the cap hit we’re talking about here. Three franchise tags equals about $110m fully guaranteed for three extra seasons.
So Mark Rodgers, Russell Wilson and whoever else is involved in talks will likely say they want a fully guaranteed contract worth the average of the three tags combined. And they’d be well within their rights to ask for it too.
3. How can the Seahawks gain any kind of leverage?
It’s really, really simple…
Draft another quarterback.
Not a seventh round pick either. Someone who they can realistically point to in a negotiation.
This is why I believe John Schneider has been so active in appearing at different quarterback pro-days in the last two years. I suspect he has been anticipating this impasse. And while there’s been online chatter that the Seahawks might trade Wilson as a point of philosophy or cost-saving — I think the reality is quite simple. They know they need a bargaining chip and some insurance and they knew the potential contract storm that was brewing.
This is why I’ve written about Kyler Murray and the Seahawks. Murray is an exceptional talent. He’s arguably the most talented player in the entire 2019 draft class. He’s accurate, has a rocket arm, makes the impossible possible, is elusive and a threat as a runner. He’s a sensational prospect. The only problem for some is he’s 5-9 and not a conventional pro-QB.
Schneider was in West Virginia to watch the Mountaineers play Oklahoma. I’m convinced he wanted to get a closer look at Murray (even if that wasn’t the sole aim for the trip).
Let’s imagine a scenario where the Seahawks draft Murray with their first pick in the draft (whenever that might be after they inevitably trade down). The reaction by the media and some fans will be to freak out. Does it mean they’re going to trade Wilson? Why have they wasted a pick? Why didn’t they draft a defensive lineman?
In reality, this would be the smartest and most logical business move the Seahawks have possibly ever made. And it’s without doubt the only way they’ll gain any kind of leverage in contract talks with Wilson and Rodgers.
Drafting Murray would allow the Seahawks to turn to Wilson at some point in the next two years and say it’s time to get serious. We’ve drafted Kyler Murray and we’re prepared to start him and trade you to another team. So how badly do you want to be a Seahawk? Do you want a legacy in this city? Do you want to be a one-team quarterback? Do you want to stay in this setting, with this front office and coaching staff? Or do you want to go somewhere else where the Head Coach doesn’t necessarily value improvisation? Or it might be a dumpster fire of a franchise or a lousy market.
They can tell Wilson and Rodgers it’s time for a compromise. Time to work out a deal that works for both parties. Or it’s time to move on.
Suddenly the onus is back on Wilson. The Seahawks can finally shoot their shot. And they can do so with confidence, knowing they won’t be left scrambling around to draft a rookie quarterback or sign whichever version of Sam Bradford is out of contract.
That’s how they gain some kind of leverage.
And there’s nothing — not one scenario — that is a negative after that happens.
a.) Wilson signs an extension and you either keep Murray as a backup or you trade him — just like the New England Patriots did with Jimmy Garoppolo.
b.) You trade Wilson for picks and name Murray your starter.
You could argue it’d be an expensive price to pay to win a negotiating battle with your starting quarterback. I’d argue it’d be one of the best moves this franchise ever made. They’d be covering their backs against a worst-case scenario of Wilson departing and they’d give themselves a better chance to extend Wilson’s contract by actually having a bargaining angle.
That’s why I’d draft Kyler Murray given the opportunity. Not to necessarily replace Wilson — but to potentially help keep him. And if that can’t happen well you might as well have an ultra dynamic player like Murray waiting in the wings.
4. If this is such a big problem why not just trade Wilson now?
Because you actually have to go through the process. Anything else is putting the cart before the horse.
You need to actually have the contract talks. Take part in the negotiations. Set deadlines. Identify compromise. Make ground.
When you’re talking about multi-million dollar contracts, these things take time. And the Seahawks and Wilson actually have to go through the motions a little here. Plus you also have to give each other the chance to get a deal done. If you give up on talks after a month and move on — that just seems like a situation you might end up living to regret.
It’s far better to strengthen your hand in negotiations and exhaust all eventualities than simply give up before giving the two parties any realistic chance to come together.
Is it impossible they consider trading Wilson this off-season? It’s highly unlikely and improbable. Jason La Canfora did note in September, however, that it could be a possibility:
“The Seahawks clearly still have ample time to work something out with the perennial All-Pro, though the months following the 2018 season will certainly bring the matter to a head. Going year-to-year on the franchise tag, especially for an elite quarterback in his prime, is less than ideal. Allowing Wilson to enter the final year of his contract at a time when contracts continue to soar and the cap continues to increase significantly (and could so even more with a wave of gambling-related revenue on top of the now-massive streaming rights) is risky, and Wilson’s trade value would be at its peak next winter, with some general managers I spoke to believing Wilson could fetch potentially three first-round picks in return.”
This report was made before Wilson had a career season and led the team on a playoff run. It’s fair to assume if this was a consideration in September it’s almost certainly less of a consideration now.
5. Does it have to be Kyler Murray?
It doesn’t. Observers in Mobile noted John Schneider was paying close attention to the quarterbacks at the Senior Bowl. There may be other players they’re interested in — potentially in the second or third round range.
There’s also a very reasonable chance Murray goes in the top-10 and isn’t even a remote option for Seattle.
The reason I keep bringing Murray up, however, is he’s such an outstanding prospect. It’s hard to even consider going from Russell Wilson to a non-spectacular quarterback. Will Grier and Ryan Finley don’t get the juices flowing in quite the same way.
Don’t take my word for it on Murray either. Here’s what Bob McGinn’s scouting sources had to say about him:
“I don’t know what you do with a guy that’s 5-9 but he is something special,” said one scout. “He would be a shorter version of Patrick Mahomes. He can be that special. He’d probably run like a 4.4 something. He’s a better football player than Baker Mayfield because he runs so well.
“He can be going full speed left or right and throw the ball the length of the field. I haven’t really broken him down yet because I figure he’s going to play baseball. But you go ‘wow, wow, wow!’ when you watch him. I wouldn’t want to defend him.
“The amazing thing is his arm strength. He’s accurate, too. He’s the closest thing I’ve seen to Mahomes.”
Operating in the same system under coach Lincoln Riley, Murray posted an outrageous NFL passer rating of 141.5 while rushing for 892 yards (7.3) and 11 touchdowns in 2018 whereas Mayfield compiled a 137.9 rating while rushing for 311 (3.2) and five TDs in 2017.
“He’s a better player than Mayfield,” another scout said. “Is he a better pro prospect? Mayfield (6-0 ½, 215, 4.84) was taller. I think Murray has a stronger arm. He’s Doug Flutie with all the better skills.
“Murray reminds me of Michael Vick. Not that tall. This kid is as explosive or more explosive. He’s got more accuracy and more ability to run a pro team than Vick did early.”
The pending Wilson contract saga could be the defining storyline of the current off-season. It could drag into next off-season too. So be prepared for what’s coming.
If you missed the Seahawkers podcast this week, don’t forget to check it out. We discuss the Wilson contract situation, the Senior Bowl and the off-season in general:
Also check out our Senior Bowl practise review with notes on why Andre Dillard, Terry McLaurin and Deebo Samuel were the standout performers with honourable mentions for Washington duo Kaleb McGary and Drew Sample.
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