
For the Seahawks, Russell Wilson is the gift that keeps on giving.
The biggest benefit of having a starting quarterback on a rookie contract (which can’t be renegotiated for two more years), is the flexibility it gives you to deal with the rest of your roster.
The Seahawks put some of that flexibility to use Monday, agreeing to a four-year $28 million contract extension with safety Kam Chancellor, according to Ian Rapoport of the NFL Network. The deal includes $17 million guaranteed, and locks him up through the 2017 season.
Along with their mega-deal for wide receiver Percy Harvin, getting pass-rushers Cliff Avril and Michael Bennett on the cheap, getting Matt Flynn’s big backup salary off the books and filling in the blanks of an excellent secondary with Antoine Winfield, the Seahawks have done a lot of good business this offseason.