Geno Smith’s Seahawks Journey: Commitment Amid Cap Challenges
Last March, the Seattle Seahawks reinforced their confidence in quarterback Geno Smith, extending his contract for three years at $25 million per season, with $40 million fully guaranteed. This firm commitment placed Smith as the 20th highest-paid quarterback in the NFL in terms of average annual value (AAV), a testament to the franchise's belief in his abilities and leadership.
The commitment to Smith was more than just financial. The Seahawks chose to retain him for the 2024 season, guaranteeing $12.7 million to ensure his presence on the roster. This decision, however, meant forfeiting a potential $14 million in cap savings had they decided to part ways with him. Such a move underscores their trust in Smith’s capability to lead the team effectively.
Despite the opportunity to draft a new quarterback, Seattle opted to trade for Sam Howell and sign PJ Walker instead, signaling their intention to build around Smith. His performance in recent seasons has justified this confidence. In the 2022 season, Smith showcased his skills by leading the league with a 69.8% completion rate, throwing for 4,282 yards, 30 touchdowns, and 11 interceptions. His impressive play propelled the Seahawks to a 9-8 record and secured a playoff berth, earning him a spot in the Pro Bowl.
The following season saw Smith continue his strong performance, amassing 3,624 yards, 20 touchdowns, and 9 interceptions, resulting in an 8-7 record and another Pro Bowl selection. These consistent performances highlight Smith’s growth and resilience as he approaches his 34th birthday.
However, the financial landscape of the team cannot be ignored. The Seahawks face a significant challenge in the form of a $25.6 million overage in the salary cap for 2025, as reported by OverTheCap.com. This financial strain has led to discussions within the organization about potential solutions, including the idea of crafting an incentive package for Smith this year. The flexibility provided by incentives could offer a way to align Smith's earnings with his performance, while alleviating some of the cap pressure.
Looking at the future, Seattle is projected to have the 11th overall pick in the 2025 draft according to sportsbook odds. This pick could provide an opportunity to bolster their roster further, potentially in areas that support Smith and enhance their offensive capabilities.
As Smith himself states, he's "still getting better," a sentiment that resonates with the Seahawks' decision-makers. This ongoing improvement is crucial for a team with playoff aspirations and financial hurdles. The team's management appears ready to revisit contract discussions next year, implying a willingness to continue their relationship with Smith, contingent on his performance and the team's financial health.
Geno Smith's journey with the Seahawks is a narrative of trust and performance, punctuated by financial considerations that impact the broader organization. As both the franchise and the quarterback navigate these complexities, the future looks to be a critical period for both parties. With the promise of ongoing improvements and strategic financial planning, the Seahawks hope to maintain their competitive edge in the seasons to come.