Last March, the Seattle Seahawks took a significant step by committing themselves to veteran quarterback Geno Smith. The organization showed their faith by signing Smith to a lucrative three-year extension, which averages $25 million per season and includes $40 million fully guaranteed. This deal firmly placed Smith as the 20th highest-paid quarterback in the NFL in terms of average annual value (AAV).
### A Strategic Decision
Despite the opportunity to clear $14 million in cap savings by releasing Smith, the Seahawks chose to retain him for the 2024 season, guaranteeing $12.7 million to ensure he remains on their roster. Opting for Smith over potential cap space signals Seattle's confidence in their quarterback's ability to lead the team. Additionally, the Seahawks bypassed the option of drafting a new quarterback, instead trading for Sam Howell and signing PJ Walker as backups.
### Stellar Performance
Smith's recent performances offer a rationale for this decision. In the 2022 season, he led the NFL with a remarkable 69.8% completion rate, throwing for 4,282 yards, 30 touchdowns, and 11 interceptions. His leadership drove Seattle to a 9-8 record and a playoff berth, earning him a spot in the Pro Bowl. Smith followed this up in the 2023 season by amassing 3,624 yards, 20 touchdowns, and 9 interceptions, achieving an 8-7 record and again securing Pro Bowl honors, reinforcing his reliability on the field.
Ahead of his 34th birthday, Smith continues to demonstrate resilience and improvement in his game. "Still getting better," he stated, encapsulating his ongoing commitment to enhancing his performance and contributing to the team's success.
### Financial Implications
While the Seahawks' investment in Smith shows their strategic commitment, it has financial implications. According to OverTheCap.com, Seattle is projected to be $25.6 million over the salary cap for 2025. This looming cap issue allows no room for complacency, necessitating innovative solutions for financial flexibility. Floating an idea of crafting an incentive package for Smith this year has been one such potential solution, potentially aligning Smith's earnings more closely with his performance and the team's success.
### Looking Ahead
The Seahawks are projected to hold the 11th overall pick in the 2025 draft, a crucial position enabling them to strengthen their roster further. As they strategize for the future, the organization and Smith will likely converge at the negotiating table to discuss terms that benefit both parties.
"Let's meet at the negotiating table next year," echoes the sentiment of the article’s author, suggesting that further discussions and adjustments are on the horizon for Smith and the Seahawks.
### Conclusion
The Seahawks' decision to back Geno Smith reflects a vote of confidence in a quarterback who continues to evolve and lead effectively. Seattle's investment in Smith, amidst other financial and strategic considerations, underscores their belief in his ability to helm the team through challenges and into future success. As Smith approaches a critical juncture in his career, both he and the Seahawks appear poised to continue their collaboration, steering towards shared goals and potential achievements in the seasons to come.