It’s a done deal!
The Seattle Seahawks have agreed to terms with quarterback Geno Smith on a three-year deal worth up to $105 million, per NFL Network’s Ian Rapoport. Tomorrow (Tuesday) was the deadline to apply the franchise tag, which the Seahawks were unlikely to ever use on Smith. Geno will not test the free agent market, which was also a possibility, but the Seahawks made sure to get a deal done a week before the start of the new league year.
We’ll presumably have more concrete details on how that $105 million contract breaks down, but we know the APY is $35 million, which puts him in the range of Kirk Cousins and Jared Goff, and below the contract Derek Carr received from the New Orleans Saints.