Seahawks restructure Tyler Lockett’s contract

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The Seahawks have a bit more cap space to work with as they sign their draft picks and maneuver through the rest of the offseason.

Field Yates of ESPN reports that the team has restructured wide receiver Tyler Lockett‘s contract. They converted $8.535 million of his salary into a signing bonus in order to spread the cap hit out over multiple years.

The move creates $5.69 million in cap space for the coming year. Lockett’s deal runs through the 2025 season and he has base salaries of $15.3 million for each of the next two years.

Lockett turned in his fourth straight season with at least 1,000 receiving yards in 2022. He and DK Metcalf will be joined by first-round pick Jaxon Smith-Njigba in the receiving corps this year.

2 responses to “Seahawks restructure Tyler Lockett’s contract

  1. Well-deserved. He’s a top 20 WR who plays a consistent game, runs routes VERY well, plays the broken play better than most, is a speedy deep-threat, and has the best sideline discipline in the game. His best trait though is that he’s such a good team player and wants to see other receivers doing well also. Love Tyler Lockett. He’s usually in the top 10 for touchdown receptions, last year being top 20 as the Seahawks tried to get Metcalf more involved.

  2. I’m always Leary of the restructuring contract maneuver which pushes CAP dollars into later years. However, I can see this as a necessary move to get another veteran IDL or run stopping Edge signed this season. On paper, that seems to be the last minor weakness of the current roster. No other reason to make the CAP space.

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