Last March, the Seattle Seahawks made a decisive move by committing to their quarterback, Geno Smith. Signing him to a three-year extension worth $25 million per season, with $40 million fully guaranteed, the Seahawks showcased their faith in the veteran quarterback's ability to lead the team.
Smith's contract positions him as the 20th highest-paid quarterback in the NFL in terms of average annual value (AAV). This investment reflects the team's confidence in his capabilities, even as they navigate the challenges of the NFL's competitive landscape. However, this commitment came with significant strategic decisions and financial implications.
Retaining Geno Smith
The Seahawks opted to secure Smith for the 2024 season, guaranteeing $12.7 million to keep him on the roster. This choice underscored their belief in his talent and leadership, but it also meant foregoing a potential $14 million in cap savings that would have been realized had they released him.
Instead of seeking fresh talent in the draft, Seattle made moves on the trade and free agency fronts. They acquired Sam Howell and signed PJ Walker, indicating a strategy to bolster their quarterback depth while maintaining Smith as the cornerstone of their offense.
Impressive Performances
Smith's performance in the 2022 season was nothing short of remarkable. Leading the league with a 69.8% completion rate, he threw for 4,282 yards, 30 touchdowns, and 11 interceptions. His efforts guided the Seahawks to a 9-8 record and a coveted playoff berth, earning him a Pro Bowl spot for his standout season.
The following season, 2023, saw Smith continue to deliver solid numbers. With 3,624 passing yards, 20 touchdowns, and 9 interceptions, he achieved an 8-7 record and earned Pro Bowl honors once again. Smith's consistency and skill have firmly established him as a reliable asset for the Seahawks, as he approaches his 34th birthday.
Financial Headwinds
Despite their commitment to Smith, the Seahawks are facing financial headwinds. According to OverTheCap.com, the team is $25.6 million over the salary cap for 2025. This financial strain necessitates strategic planning and potential adjustments to their roster and contract strategies.
One potential solution that's been floated is crafting an incentive package for Smith. This approach could help align his performance with financial rewards while offering some flexibility for the team's cap management.
Draft Prospects
Looking ahead, the Seahawks are projected to have the 11th overall pick in the 2025 draft, according to sportsbook odds. This upcoming draft position presents an opportunity for the team to further strengthen their roster and address any gaps that could enhance their competitive edge.
Geno Smith's Outlook
Geno Smith himself remains optimistic. "Still getting better," he affirms, reflecting his dedication to continuous improvement and his belief in his ability to contribute at a high level. This sentiment resonates with the article’s author, who suggests, "Let's meet at the negotiating table next year." This perspective hints at ongoing negotiations and potential future contract adjustments that could benefit both Smith and the Seahawks.
In summary, the Seattle Seahawks' decision to retain Geno Smith marks a crucial chapter in their ongoing quest for success. Balancing financial constraints with their commitment to Smith’s proven abilities, the team navigates forward, eyeing opportunities in the draft and potential roster adjustments to maintain their competitive standing in the NFL.