The contract details for the two players the Seahawks reached agreement to re-sign on Monday — receiver Rashid Shaheed and cornerback Josh Jobe — were revealed late Monday night.
Each showed the typical Seahawks structure of cap hits that begin relatively low and increase substantially at the end, and are officially three-year contracts that are best viewed as two-year deals with a third year that would have to be earned or to be a time when the two sides decide to renegotiate.
Shaheed’s deal includes what OvertheCap.com states is $23 million in fully guaranteed money as part of a three-year deal worth up to $51 million overall. The guarantee consists of a $20 million signing bonus and a $3 million guaranteed salary in 2026.
As do many Seahawks contracts, it includes a trigger date of Feb. 10, 2027 for his 2027 salary of $11.735 million to become fully guaranteed.
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That’s why the contract was initially advertised as having $34.735 million in overall guarantees.
The deal has cap hits of $9.666 million in 2026, $19.166 million in 2027 and $22.166 million in 2028.
Jobe’s three-year deal worth up to $24 million includes a $7 million signing bonus and $2.25 million in guaranteed salary for 26. It also has a Feb. 10, 2027 trigger date for $5 million in salary for the 2027 season to become guaranteed.
It has cap hits of $4.533 million in 2026, $9.333. million in 2027 and $10.083 million in 2028.
Those two signings reduced the Seahawks’ cap space to $42.966 million overall and $39.784 million in effective cap space entering day two of the free agent negotiating period.
That’s more than enough to make some big moves. The Seahawks may be in the market for a running back, maybe a cornerback and maybe simply a good value, such as the signing of Julian Love in 2023 when safety didn’t seem to be a priority.
It’s thought the Seahawks want to keep some of that to gear up for the potential of signing receiver Jaxon Smith-Njigba and cornerback Devon Witherspoon to extensions before the 2026 season that could put each at the top of the market for their respective positions.
The Seahawks are likely to want to keep $8-10 million or so for things such as the practice squad and injured reserve during the 2026 regular season.
Bob Condotta: bcondotta@seattletimes.com. Bob Condotta is a sports reporter at The Seattle Times who primarily covers the Seahawks but also dabbles in other sports. He has worked at The Times since 2002, reporting on University of Washington Husky football and basketball for his first 10 years at the paper before switching to the Seahawks in 2013.