Report: Seattle Seahawks and Geno Smith finalizing extension

Per several reports, Geno Smith will be staying with the Seattle Seahawks as QB1. And the deal is nearly perfect for both sides. Per NFL.com’s Ian Rapoport, the contract is “done and agreed.”

Again, per reports (because that is what we can base things on, right?), Smith will sign a three-year deal worth $105 million. What we don’t know are the guarantees of the agreement. Is it three years with a front-loaded contract? Are there a lot of bonuses built in?

Either way, the deal isn’t anything that is going to hamstring the Seahawks. The average value would be $35 million, but again that is without knowing how the contract is structured so likely it isn’t $35 million straight up. Funny thing is, the way we know the contract is now is exactly what Keyshawn Johnson said it should be on Seattle Sports recently.

Geno Smith reportedly re-signs with the Seahawks

But this is a great thing for the Seahawks. It gets a productive and accurate quarterback under contract for several seasons to come. It also keeps Geno Smith in the locker room where he appears to be a well-respected member of the team. The Seahawks are getting younger all the time through the draft and Geno is going to be a good voice for rookies and second-year players to listen to.

The Seahawks 2023 NFL draft should now be a fun one. They don’t need a quarterback. Had they brought back Geno Smith at one or two years, maybe they would have taken a QB. Not now. Seattle can focus on drafting potentially high-impact defenders. Or possibly Seattle can bargain their number 5 pick into a trade, choose later but add even more draft capital.

Geno Smith was very good in 2022. He is an excellent fit for Shane Waldron’s offensive system. He wanted to stay in Seattle and now he reportedly gets his wish. This should make 12s happy and keep the Seahawks in playoff contention.