Consider DK Metcalf’s hold-in with the Seahawks.
The fourth-year wide receiver agreed to a massive contract extension with the team Thursday through the 2025 season. The deal includes the biggest signing bonus in NFL history for a wide.
The Ole Miss product, who has 3,170 yards and 29 touchdowns in three seasons with Seattle, will now be paid as one of the best players in the game at his position, whose value has been revised and rewritten several times this offseason by Davante Adams. . , Cooper Kupp, Tyreek Hill and others.
The move is also working well for the Seahawks; Metcalf will continue to be part of a rebuilding team that left quarterback Russell Wilson in the offseason. The record signing bonus will be pro-rated during overtime.
MORE: Why did Metcalf skip Seattle minicamp?
Here’s everything you need to know about Metcalf’s record extension with the Seahawks, and what it means for him and the team going forward:
DK Metcalf contract details
By various reports, Metcalf has agreed to a three-year, $72 million contract extension with Seattle through the 2025 season. Of that total, $58.2 million is guaranteed. The pact includes a $30 million signing bonus, the largest ever given to a receiver.
Metcalf has said since May that he intends to sign a new deal with the Seahawks in this final year of his rookie contract (and the first year he can renegotiate it).
“I will say we’re going to do something,” Metcalf said at the time. “I think I’m going to be in Seattle for the next few years to come.”
Good to hear DK Metcalf confirm he will be quitting with the Seahawks 👏 pic.twitter.com/XsIn6fvJpM
— Sami Jarjour (@SamiOnTap) May 2, 2022
This prediction came true on Thursday with extra time.
MORE: What is a “hold-in”? Samuel, Metcalf, James at camp but not participating
DK Metcalf Stats
Metcalf has been one of the most productive receivers in the NFL since his rookie season in 2019. He ranks 11th in receiving yards the past three seasons, and he ranks at or near the top of all top receiving categories among receivers taken in 2019. NFL Draft.
Why did DK Metcalf sign an extension with the Seahawks?
Metcalf could have played his final season in Seattle in 2022 and then looked elsewhere as an unrestricted free agent before the 2023 season. In this scenario, however, Metcalf would have only received a base salary of 3.99 million. dollars in 2022, not including a premium of $338,827.
With the extension, he now becomes one of the highest-paid wide receivers in the NFL, with an average annual value (AAV) of $24 million that rivals that of other receivers signed to massive contracts this offseason. His $30 million signing bonus is the highest in NFL history for a receiver.
|Tyreek Hill||4 years||$120 million||$30 million||$72.2 million|
|Davante Adams||5 years||$141 million||$28 million||$65.7 million|
|Cooper Kupp||3 years||$80 million||$26.7 million||$75 million|
|Stefan Diggs||4 years||$104 million||$26 million||$70 million|
|A.J. Brown||4 years||$100 million||$25 million||$57.22 million|
|DK Metcalf||3 years||$72 million*||$24 million||$58.2 million|
|Terry McLaurin||3 years||$71 million||$23.33 million||$53 million|
* Includes a signing bonus of $30 million, the highest ever for the receiver
Metcalf will clearly be seen as a cornerstone of Seattle’s rebuilding in 2022 and beyond (Seattle reportedly turned down hefty trade offers from the Jets and other teams). It remains to be seen if Seattle can get him the ball adequately in 2022. Geno Smith and Drew Lock are battling it out for the starting QB job after Seattle traded Wilson to the Broncos.
It stands to reason that Seattle could be looking for a new quarterback next offseason if neither works out. He could make another trade or draft a QB from a group led by CJ Stroud from Ohio State and Bryce Young from Alabama.
Either way, research Seattle to make sure their star receiver is producing at a level consistent with their new contract.