Entering March, the Seattle Seahawks had no cap room. In fact, the team was over the projected salary cap by more than $10 million. In just a few days, though, Seattle has changed how they can financially approach free agency in 2025. The team still has nowhere near the most money to spend this offseason, but at least now they can be a player on some free agents.
To start the week ahead of free agency, Seattle released wide receiver Tyler Lockett, safety Rayshawn Jenkins, offensive lineman George Fant, defensive lineman Roy Robertson-Harris, and defensive lineman Dre'Mont Jones. The moves amount to $44 million.
This could, and likely will, change even further. Seattle still has moves they can make with other players, and these do not all need to be a player being released. In the case of quarterback Geno Smith, for instance, he could work out a contract extension, and that would save the team $23 million.
How much cap room do the Seattle Seahawks currently have?
If Seattle trades wide receiver DK Metcalf before next week, the team would save at least another $10 million.
There are still cut candidates. Tight end Noah Fant could be released, and that would save nearly $9 million. In other words, Seattle could make a bevy of moves that give the team another $42 million in cap space. But what does Seattle have right now?
That depends a little on which reputable site you check. According to Spotrac, the Seahawks currently have $67,469,716 (at the start of March 10, though the Ernest Jones IV contract has not yet been factored in) to spend on free agents, 2025 draft picks, and filling out the practice squad before the 2025 season. That amount of money is 19th in the NFL.
According to Over the Cap, Seattle has $67,393,705 (at the start of March 10, though the Ernest Jones IV contract has not yet been factored in), 21st in the league. If Seattle restructures and releases Fant and does not trade Metcalf, Seattle would then have about $64 million in cap room. That would rank sixth in the league.
Updated (but unofficial) - The Las Vegas Raiders are expected to pick up $31 million of Geno Smith's contract after Seattle traded the quarterback on Friday. This means the Seahawks will have north of $60 million at the beginning of free agency.
For a team that was near the bottom of the NFL in cap room (and had negative-cap space at that), Seattle has made some smart moves to get to a spot where they can make an offer to fix some of their issues. A good free agent guard (or two?) should be able to be brought to Seattle. The question is whether general manager John Schneider will aggressively attempt to sign interior offensive linemen.
Seattle, of course, will probably make more moves ahead and during free agency, so this page will be updated with the cap room available as the Seahawks release, extend, trade, or sign players.