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Here's Penny!

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Here's Penny!

Seahawks re-sign Rashaad Penny, which could be the final nail for Chris Carson

Seaside Joe
Mar 20, 2022
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The Seattle Seahawks are signing Rashaad Penny to a one-year, $5.75-$6.5 million contract, according to Ian Rapoport. If you read this morning’s mock draft post, then you know this means I’m obligated to pay my belief to the Seahawks writer who alleged it would probably happen. Congratulations, Corbin.

Twitter avatar for @RapSheet
Ian Rapoport @RapSheet
Sources: The #Seahawks are in agreement on a 1-year deal with one of their own — RB Rashaad Penny. The former first-rounder turned down more money elsewhere to build off his stellar second half of 2021. He gets $5.75M with ability to earn up to $6.5M.
7:05 PM ∙ Mar 20, 2022
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The contract is roughly what I had predicted, mine was just for two years and $12 million. This contract just doesn’t have the fake year. I had pegged Penny as one of Seattle’s five free agent priorities this offseason and this signing doesn’t come as a surprise to me; no team could give Rashaad Penny a better chance to inflate his value in 2023 than the Seahawks could.

My other predicted re-signings were Sidney Jones (done), Quandre Diggs (done), Gerald Everett (wrong TE, right contract value), and Rasheem Green, who remains unsigned.

If you peg Penny at $6.5 million, then Penny becomes the eighth-highest paid running back of 2022. I had also noted that I believe Chris Carson will be cut or traded once Penny was secured, and Carson is currently slated to carry a $6.1 million cap charge. I do not expect the Seahawks to have two $6 million running backs. However, in this morning’s mock draft, I did have Seattle selecting a running back in the second round of the draft.

This signing does nothing to change that.

Penny was the NFL’s most dominant running back down the stretch and 2022 will be his first opportunity to be a dominant running back in Week 1… if he stays healthy. But Pete Carroll can’t be done doing what he needs to do to make that happen. Seattle hasn’t signed Trent Brown and La’El Collins seems to be leaving Cincinnati without a contract.

Twitter avatar for @CorbinSmithNFL
Corbin K. Smith @CorbinSmithNFL
For those wondering why Trent Brown hasn't signed yet, just check out the tackle market in general. Terron Armstead, Duane Brown, Trent Brown all still unsigned. La'el Collins still making visits. Only notable tackle to sign anywhere is Morgan Moses.
5:56 PM ∙ Mar 20, 2022
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Once Carroll signs a tackle, I expect him to draft a tackle or center to complete his 2022-2023 rebuild of running the ball better than any team in the league. Sign up for premium and take a look at how I did that with a tackle, center, and running back in three of the first four picks with this morning’s mock.

Twitter avatar for @AroundTheNFL
Around The NFL @AroundTheNFL
Rashaad Penny returning to Seahawks on one-year deal worth up to $6.5M (per @RapSheet) nfl.com/news/rashaad-p…
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7:15 PM ∙ Mar 20, 2022
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Here is some what of else I’ve posted in the last three days, ICYMI:

  • Should Seahawks draft DE David Ojabo in round two?

  • How much money the Seahawks save 2022-2026 by trading Russ/drafting QB

  • From 0-17 to 17-0: Previewing the entire spectrum of Seahawks 2022 records

  • Friday’s “WOW” news

  • Remaining free agent fits on defense

  • Elite RT hits the open market; should Seahawks sign?

  • Pete Carroll earned the right to build the Seahawks his way

How would you sum up how the Seahawks re-signing Rashaad Penny makes you feel in one sentence?

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Chris Snape
Mar 20, 2022Liked by Seaside Joe

Glad it's done. Stay healthy my son. We still need a 3rd dynamic back to be the best running team in football. It's not hard to miss 4 games which would only leave one stud. I suggest draft for sure, but also sign Mac or someone like him. Look at what Mixon did for the Bengals because I think he played ever game.

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Susan Dye
Mar 20, 2022Liked by Seaside Joe

It's the right move. He said Adrian Peterson taught him a bunch. Peterson arrived and Penny started running to his potential. Bring Peterson back as an entry level coach. Keep things running along.

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