Yes, negotiations have occurred on a new contract for Seahawks cornerback Richard Sherman. No, it’s not on the verge of being completed.
Per a source with knowledge of the situation, multiple reports of significant progress aren’t accurate. A consensus hasn’t been reached on dollars or terms.
The discussions on a new contract began before the Scouting Combine. The goal is indeed getting something done before the draft, which starts in 16 days.
It could indeed happen. As the source explained it, progress has been made but it’s “nowhere near what has been reported.”
Sherman deserves a major payday, but the jury is out on whether he’s a true shutdown corner or whether he’s the beneficiary of a great defensive scheme and roster that allows him to stay on one side of the field all the time. The Seahawks also have to think about other guys who will soon be eligible for new contracts, including safety Earl Thomas and quarterback Russell Wilson.