Russell Wilson and the Seahawks reached an agreement mere hours ago on a 4-year, $140 million extension that includes a $65 million signing bonus, ESPN's Adam Schefter reports.
Why it matters: Wilson's extension is the richest ever in terms of average annual value ($35 million per season), surpassing Aaron Rodgers ($33.5 million). His $65 million signing bonus is also a new record, topping the $57.5 million Rodgers got last summer.
The backdrop: Wilson, who is coming off arguably the best season of his career (only Drew Brees and Patrick Mahomes finished with a better QB rating), was set to make $17 million in 2019, the final season of the 4-year, $87.6 million extension he signed in 2015.
- He and his agent had given Seattle until yesterday to offer an extension and didn't plan to revisit negotiations this season if a deal wasn't reached. Looks like the Seahawks just made the deadline.
What's next: With their franchise QB taken care of, the Seahawks will now turn their attention to potential extensions for All-Pro middle linebacker Bobby Wagner and top pass-rusher Frank Clark.
- With both players expected to command massive contracts themselves, there's a chance one or both could be traded — Clark being the more likely candidate.
Be smart: If you'll recall, the last few weeks have been full of rumors that "Russell Wilson wants to play for the Giants" and "Russell Wilson and his wife, Ciara, prefer New York."
- In hindsight, that was all nonsense, which is a valuable lesson to be reminded of on the eve of the NFL draft. Take everything you hear in the coming weeks with a grain of salt, or at least consider who might benefit from that information being "leaked" (or made up).