Tyler Lockett takes pay cut to stay with Seahawks
As we expected, Tyler Lockett needed to re do his contract to stay with Seahawks 3/9/2024
On Friday, I predicted that the Seahawks were waiting on Tyler Lockett to decide if he would accept a pay cut to remain with the team in 2024. There was no other reporting that Lockett’s contract could be renegotiated, although some speculated if he would be a cap casualty. On Saturday, it was announced that Tyler Lockett is taking a 2024 pay cut.
Lockett was set to carry a base salary of $15.3 million with $1.7 million in incentives for the 2024 season. Per NFL Network’s Mike Garafolo, Lockett agreed to reduce his compensation to $13 million that is now fully-guaranteed, which I also predicted if the deal was re-done.
The Seahawks should save considerable cap room with this move. Jason Fitzgerald of OverTheCap predicted a new cap number of $13.75 million. That would be $14 million less than his original cap number.
With Dee Eskridge being renegotiated on Saturday and now Lockett, the only remaining cap number that I predicted would change is that of Nick Bellore.
The Seahawks should now have more than $50 million in cap space before re-signing or adding any free agents.
Are Seahawks waiting on Tyler Lockett to take a pay cut?
In addition to Seahawks GM John Schneider telling the media on Thursday that the team is in negotiations with Leonard Williams about a new contract and that Seattle had to release players like Quandre Diggs because of their intent to be active in free agency next week, one of the most intriguing revelations is what he didn’t say: When asked if the Seaha…
Chris Jones re signed with Chiefs
The numbers are all crazy but I'm glad Tyler is still a Seahawk. That dude has made so many clutch catches. Yeah, not too many YAC, but think of the sideline and goal line perfection. Perfect body control and great hands. He is one of a kind.
Also, I had no idea Eskridge (the potential of all potentials) was still a consideration. Maybe the new regime will find his value.