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$43 million in “new money” for Bobby Wagner

The Seahawks have paid linebacker Bobby Wagner on a four-year deal half of what they will pay Russell Wilson on a four-year deal. And it still makes Wagner the highest-paid middle linebacker in the NFL.

Per a league source, the four-year extension pays out $43 million. That’s a new-money average of $10.75 million per year.

Ian Rapoport of NFL Media reports that $22 million of the amount is guaranteed. It’s not yet known how much of that is fully guaranteed at signing.

Adding in the $977,000 Wagner was due to make this year under his rookie deal, it’s a five-year, $43.977 million contract, with a total average of $8.7954 million. But the convention in the NFL is to look at the new money; for Wagner, the average if $10.75 million per year.