Seahawks, Kam Chancellor Agree To Deal

The Seahawks and safety Kam Chancellor have agreed to a sizable extension. It’s a three-year deal worth $36MM, according to Ian Rapoport of NFL.com (on Twitter). The pact includes $25MM guaranteed, though his full guarantee will almost certainly be less than that. 

Chancellor was scheduled to earn a base salary of $6.8MM and count for ~$8.125MM against the cap in 2017 before becoming a free agent next spring. The safety has been pushing for a better contract ever since 2015 when he held out until Week 3 of the season, but it took a while for the two sides to find common ground this summer. Just six weeks ago, head coach Pete Carroll said that talks were not active between the two sides:

“We would very much like to work something out,” Carroll said. “We’re working at it. And that’s really all we’ll say. But we are working at it with every intention of taking care of business. It takes awhile. Things take awhile. His frame of mind and our frame of mind are in a really good place. And we’re going to work hard to get something done. We’ll see if we can.”

With an average annual value of $12MM on his new deal, Chancellor is now the third-highest paid player on the team, behind only Russell Wilson ($21.75MM per season) and cornerback Richard Sherman ($14MM per season). The Seahawks have done an impeccable job of keeping their core together over the years and they have now bought themselves at least a year before they have to stress over new deals for Sherman and Earl Thomas. Both players are under contract through 2018.

The 29-year-old Chancellor started 12 games in 2016, playing on roughly two-thirds of Seattle’s defensive snaps while grading as the league’s No. 3 safety, per Pro Football Focus. There’s no doubt that he is an elite player at his position and the new deal reflects his standing in the NFL. The deal will also allow him to retire as a member of the Seahawks, something that he has said is extremely important to him.