The longest tenured offensive participant on the Seattle Seahawks is sticking round for no less than one other season.
Star broad receiver Tyler Lockett has agreed to a restructured contract of two years and as much as $34 million, in response to NFL insider Mike Garafolo.
#Seahawks WR Tyler Lockett is remaining with Seattle on a restructured deal, supply says: Two years, $30 million with a max worth of $34 million inside practically $13 million assured this yr.
— Mike Garafolo (@MikeGarafolo) March 10, 2024
Lockett’s cap hits have been set to be just below $27 million over every of the following two seasons. Primarily based on OverTheCap’s Jason Fitzgerald’s evaluation, his cap hit for 2024 ought to be lower in half.
Lockett initially had a wage cap cost of about $27M on a $17M wage. Primarily based on @MikeGarafolo report it seems like he dropped his wage to $13M and stored 2025 intact. My guess is the brand new cap quantity will likely be about $13.75M and maybe just a little decrease if a void yr. #Seahawks
— Jason_OTC (@Jason_OTC) March 10, 2024
We’ll replace the article (or simply write a brand new one) at any time when Lockett’s full contract particulars are made obtainable.
Lockett was considered a doable cap casualty or commerce candidate given Seattle’s cap state of affairs, his age (31 years previous), and the current determination to draft Jaxon Smith-Njigba within the first spherical. One of many nice receivers in group historical past, Lockett is barely behind Steve Largent for the Seahawks’ all-time prime spot in receptions, yards, and touchdowns.
Final season noticed one in all Lockett’s least environment friendly campaigns in current seasons, catching 79 passes for simply 894 yards and 5 touchdowns. His 7.3 yards per goal was a profession low, and he solely caught 9 passes of 20+ yards, his fewest since 2017. He’s nonetheless one of many Seahawks’ greatest route runners and key third down targets, even when there’ll probably come a degree the place JSN will overtake his goal share. There’s little question that Lockett stays an necessary a part of the Seahawks offense, and this could point out that Seattle will roll with the Lockett/DK Metcalf/JSN trio for no less than 2024.
If Lockett’s cap hit is diminished by $13 million, the Seahawks ought to have properly over $50 million in cap area forward of the authorized tampering portion of free company on Monday, March 11.
