Last March, the Seattle Seahawks solidified their future at quarterback by committing to Geno Smith with a three-year extension worth $25 million per season. The organization guaranteed $40 million, a significant investment that underscores their confidence in Smith's abilities.
Smith's contract positions him as the 20th highest-paid quarterback in terms of average annual value (AAV). This ranking, however, does not fully reflect his impact on the field. Leadership and consistent performance have made him a cornerstone for the Seahawks, a fact driven home by their decision to retain him for the 2024 season with an additional guarantee of $12.7 million. This move came despite the potential $14 million cap savings that would have been realized had they chosen to release him.
Strategic Roster Moves
In a strategic shift, the Seahawks opted against selecting a quarterback in the draft. Instead, they traded for Sam Howell and brought in PJ Walker. This tactical choice indicates Seattle's immediate trust in Smith while also securing potential talent that can be developed alongside or under him.
Reflecting on his recent performances, Smith led the NFL in the 2022 season with a 69.8% completion rate. He threw for 4,282 yards, recording 30 touchdowns against 11 interceptions, steering the Seahawks to a 9-8 record and a playoff berth. His outstanding performance earned him Pro Bowl honors, further cementing his value to the team.
Consistent Excellence
The 2023 season saw Smith maintaining a high level of play. He amassed 3,624 passing yards with 20 touchdowns and 9 interceptions, achieving an 8-7 record. Once again, his efforts were rewarded with a spot in the Pro Bowl. Such consistent excellence indicates that Smith, even as he approaches his 34th birthday, remains a significant asset to the Seahawks.
In considering the broader context, the Seahawks face financial challenges. According to OverTheCap.com, the team is projected to be $25.6 million over the salary cap for 2025. This financial outlook has prompted discussions around crafting an incentive package for Smith this year as a potential solution. Balancing current performance with future financial flexibility will be crucial for Seattle as they navigate these constraints.
Looking ahead, the Seahawks are projected to have the 11th overall pick in the 2025 draft, as per sportsbook odds. This positioning presents an opportunity to further strengthen the roster, either by acquiring new talent or by leveraging the pick in strategic trades.
Summing up his career trajectory and recent milestones, Geno Smith succinctly noted, "Still getting better." This confidence is reflected not only in his personal performance but also in the organization's continued investment in him. The sentiment shared by many, including the author of this piece, aligns with meeting at the negotiating table next year, anticipating further discussions and potential contract adjustments to retain and maximize Smith's contributions to the Seahawks.
As the Seahawks march forward, the commitment to Geno Smith illustrates a blend of strategic planning, financial acumen, and a belief in the quarterback's continued potential to lead the team. Whether through direct performance on the field or indirectly via mentoring upcoming talent, Smith's presence is poised to be a defining factor for Seattle in the forthcoming seasons.