Where things stand between Seattle Seahawks and DK Metcalf – Seattle Seahawks Blog

RENTON, Wash. — If DK Metcalf had any doubts at the end of last season if he would get a contract extension from the Seattle Seahawks, you couldn’t tell based on this answer:

“It’s going to get done, in my opinion,” Metcalf said in January. “I’m just going to drop the chips where they can and let God and the Seahawks and my agent handle the rest. I know it’s going to be okay.”

A lot has happened since.

The Seahawks traded quarterback Russell Wilson to the Denver Broncos. The wide receiver market skyrocketed to the point that Seahawks general manager John Schneider expressed shock at some of the mega deals signed early in free agency. And more recently, Metcalf skipped the mandatory minicamp — without the team’s permission — in what seemed like a clear indication that he and his representation were unhappy with the state of his contract negotiations.

The Seahawks have expressed optimism both publicly and behind the scenes since then that a deal will be done, but it hardly looks like a slam dunk.

Let’s take a look at some of the key questions.

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This was slightly surprising for several reasons.

Metcalf had participated in part of the volunteer portion of the team’s offseason program. He showed up in the early stages even though his recovery from foot surgery meant he couldn’t take part in training.

The recent trend among Seahawks players (and others in the NFL) seeking new contracts has been to attend the mandatory portions of off-season work (i.e. minicamp and training camp ) but not to participate in training. For the player, the “hold-in” is a top-notch approach because it allows him to avoid fines as well as the risk of injury, while displaying his desire to be paid. Bobby Wagner did it in 2019. Jamal Adams and Duane Brown did it last summer.

Metcalf’s foot surgery allowed him to do the same thing during minicamp, but he stayed out completely. This subject him to more than $93,000 in fines for missing all three days. He could be fined $40,000 for each day of training camp he misses. He also risks losing an accumulated season to free agency by not showing up on time.

Coach Pete Carroll said he was no less optimistic about reaching a deal with Metcalf than before his no-show at minicamp, citing the team’s strong track record of extending goals. players she wants to keep for the long term. The Seahawks typically finalize big-money expansions after training camp begins.

“These are crucial weeks to do something, and we’ll see what happens and hopefully we can find a solution,” Carroll said earlier this month. “[We’ve] really meant to do it.”

Which Metcalf market?

The short answer is that it’s probably in AJ Brown territory but below Davante Adams and Tyreek Hill territory.

Adams and Hill signed deals early in free agency for an average of $28 million and $30 million a year, respectively, prompting Schneider to express “a sense of shock” at the evolution of the market. Brown then got a four-year, $100 million extension that includes more than $57 million in guarantees after the Philadelphia Eagles acquired him from the Tennessee Titans in the draft.

Metcalf and Brown, college teammates at Ole Miss, entered the NFL together as second-round picks in 2019. They are both 24 years old. Brown’s deal could therefore be more competitive for Metcalf than those of Adams and Hill, who are both in their late twenties and have accomplished more over a longer period.

In his three seasons, Metcalf has more catches (216), targets (358), yards (3,170) and touchdowns (29) than Brown. Hill and Adams beat Metcalf in all four categories over the same period.

ESPN interviewed three NFL agents who aren’t involved in the Metcalf negotiations but are familiar with the receiver market. The Seahawks are predicted to extend Metcalf on a similar annual average to Brown’s $25 million. Another thinks they won’t go higher than $25 million per season and about $60 million guaranteed — assuming a four-year extension, Seattle’s preferred length. The third agent doesn’t think the Seahawks will go that high and predicts their team will trade Metcalf.

All three agents noted the massive base salaries in the last year or years of the aforementioned deals, which artificially inflate their overall averages and make it harder to determine Metcalf’s lineup.

What shape of cap are the Seahawks in?

They are fine.

OverTheCap.com lists them with around $16 million in cap space available for 2022, factoring in their recent expansion for defensive tackle Bryan Mone. Metcalf is expected to earn just under $4 million in the final year of his rookie contract. An extension could be structured so that his 2022 cap is only increased by a couple million or so, leaving enough for other expenses like the practice squad and in-season injury replacements. .

The Seahawks will begin reaping the Wilson trade cap savings next year, with the OTC ranking them third in the 2023 cap space at around $58 million. The agent predicting a trade with Metcalf believes his representation will lead to a tough negotiation knowing Seattle has the financial freedom that comes with Wilson’s huge contract no longer on the books.

Don’t Metcalf and Brown have the same agent?

Yeah. Tory Dandy also represents three other high-profile receivers: Mike Williams, Chris Godwin (both just signed to contracts averaging $20 million per season) and Deebo Samuel (who is seeking an extension).

Schneider said at owners’ meetings that having Dandy represent those other receivers shouldn’t complicate negotiations with Metcalf, noting that the Seahawks have a “great” relationship with Dandy.

But two of the agents ESPN interviewed believe Dandy will be more motivated to close Brown’s deal than he would be if another agent brokered it.

Could the Seahawks really trade Metcalf?

The fact that they didn’t before the draft suggests some optimism that a deal could be struck, as waiting until after the draft would mean having to wait a year to reap the benefits of a trade.

ESPN simulated the Metcalf trade possibility in April, with NFL Nation reporters making offers on behalf of the teams they cover. None of the seven offers matched the Seahawks’ alleged asking price of two first-round picks or something of similar value.

The Seahawks received calls from teams interested in trading Metcalf ahead of the draft and, according to a source, told those teams they weren’t looking to trade Metcalf. But they should at least start listening to offers if, each time negotiations resume, they don’t feel like a deal is possible.

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