Last March, the Seattle Seahawks made a significant decision regarding the future of their quarterback position, signing Geno Smith to a three-year extension worth $25 million per season, with $40 million fully guaranteed. This deal underscores the franchise's confidence in Smith's abilities and leadership.
Smith's contract, which ranks him as the 20th highest-paid quarterback in the NFL in terms of average annual value (AAV), reflects his solid performance over recent seasons. Despite not being among the top-tier earners in the league, Smith has proven his value on the field, a sentiment echoed by his ongoing success.
Commitment to Smith
The Seahawks' commitment to Smith was further evidenced by their decision to retain him for the 2024 season, guaranteeing $12.7 million to keep him on the roster. This move came with a financial trade-off, as Seattle forfeited a potential $14 million in cap savings had they chosen to release him. The decision highlights the organization's belief in Smith's ability to lead the team effectively.
Instead of pursuing a quarterback in the draft, Seattle chose to reinforce their roster by trading for Sam Howell and signing PJ Walker. This strategic choice indicates the Seahawks' confidence in Smith's leadership and their preference for depth and experience over potential rookie talent at the quarterback position.
Stellar Performance and Recognition
Smith's on-field performances have justified Seattle's faith in him. In the standout 2022 season, Smith led the league with a remarkable 69.8% completion rate. He amassed 4,282 yards, 30 touchdowns, and 11 interceptions, guiding the Seahawks to a 9-8 record and a playoff berth. His efforts earned him a well-deserved spot in the Pro Bowl, solidifying his reputation as a top performer in the league.
The 2023 season saw Smith continue his strong performance. He threw for 3,624 yards, 20 touchdowns, and 9 interceptions, achieving an 8-7 record and once again securing Pro Bowl honors. This consistency has been crucial for the Seahawks as they navigate the competitive landscape of the NFL.
Approaching his 34th birthday, Smith continues to demonstrate his dedication and resilience. Reflecting on his journey and future, Smith confidently stated, "Still getting better." His unwavering commitment to improvement is a testament to his work ethic and passion for the game.
Financial Considerations and Future Prospects
Looking ahead, the Seahawks face some financial challenges. According to OverTheCap.com, Seattle is projected to be $25.6 million over the salary cap for 2025. This looming cap issue has prompted discussions about potential solutions, including the idea of crafting an incentive package for Smith this year. Such a move could help balance the books while retaining a key player who has proven instrumental to the team's success.
Additionally, Seattle is projected to have the 11th overall pick in the 2025 draft according to sportsbook odds. This opportunity could provide the Seahawks with another strategic advantage as they look to bolster their roster and address any gaps.
Negotiation and Future Discussions
The sentiment among Seahawks fans and the organization appears hopeful regarding future negotiations with Smith. The article’s author captured this optimism, suggesting, "Let's meet at the negotiating table next year." This forward-thinking approach indicates that both parties are open to ongoing discussions to ensure mutual success and satisfaction.
In summary, the Seahawks' investment in Geno Smith underscores their belief in his capabilities and leadership. His performance on the field has justified their confidence, and with careful financial planning and strategic decisions, Seattle aims to maintain their competitive edge in the seasons to come.