The Seattle Seahawks enjoy having one of the best front offices in football, and are always remaining active in improving the team’s situation. On Tuesday morning, the 12th Man awoke to news of another brilliant move by the organization.
Seattle has created roughly $9.5 million more in cap space by restructing wdie receiver DK Metcalf’s contract. The news was first reported by ESPN’s Field Yates.
Teams creating cap space via restructures to begin the season:
Seahawks via WR DK Metcalf: $9.5M
Vikings via TE T.J. Hockenson: $7M
Falcons via DT David Onyemata: $4.85M
Cowboys via OT Terence Steele: $4.5M
— Field Yates (@FieldYates) September 10, 2024
In 2022, DK Metcalf signed a three-year deal worth $72 million. According to Spotrac, the restructured contract converts $11.875 million of salary into a signing bonus, while adding three extra voided years to the contract. For those unfamiliar with void years, they are added years without salary commitment but allows the team to spread money out over those years to help alleviate cap stress.
The move gives Seattle extra dry powder to fire in case they decide they need to make a big splash at the trade deadline, or sign a free agent off the streets. The Seahawks’ offensive line was a disaster in Week 1, it would not be surprising if the team made another move to bolster their protection up front. Perhaps even finding a way to create some extensions for players on the team before the season ends.
As for Metcalf, his current deal is set to expire at the conclusion of the 2025 season.
More Seahawks Wire stories
Seahawks engineer 2nd half comeback, defeat Broncos 26-20 in Week 1
Week 1 takeaways: 5 observations from Seattle’s victory over Denver
INSANE Seahawks stat: Geno Smith runs his way into Seattle history
Mike Macdonald explains his sideline interaction with Marshawn Lynch
