RENTON, Wash. — The Seattle Seahawks and star receiver DK Metcalf have agreed to a three-year, $72 million extension that includes $58.2 million in guarantees, a source told ESPN’s Adam Schefter Thursday. .
The guaranteed total includes a $30 million signing bonus, the source said, the highest ever for a wide receiver.
The deal quickly ends Metcalf’s two-day “hold” and locks in one of the Seahawks’ best future players. Metcalf, 24, who had a year and just under $4 million on his rookie contract, is now signed until 2025.
His extension’s new $24 million average makes Metcalf the Seahawks’ highest-paid player, surpassing safety Jamal Adams at $17.5 million, and cements him as the new face of the franchise now that Russell Wilson and Bobby Wagner are gone.
The Bills’ Metcalf and Stefon Diggs are now tied for the sixth-highest average annual salary among NFL receivers.
The three-year length of the extension is shorter than the Seahawks typically prefer for big-money second contracts, and it puts Metcalf on track to become a free agent at age 28. He also came with a shorter wait than some of the Seahawks. recent mega-deals that weren’t finalized until well before training camp.
Metcalf showed up to camp on time Tuesday but sat out the first two practices as his agent, Tory Dandy, and the Seahawks continued to negotiate. Coach Pete Carroll made it clear that his non-participation was contract-related and not because of Metcalf’s surgically repaired foot.
Metcalf’s future in Seattle looked somewhat uncertain earlier this offseason, after general manager John Schneider publicly expressed shock at some of the mega-deals that sent the receiver market skyrocketing. The Seahawks received calls from teams interested in Metcalf following the comments, but Seattle told the suitors it was not interested in trading him, according to a source.
Despite trade speculation and rising WR salaries, the Seahawks expressed confidence both publicly and behind the scenes that they would reach a deal with Metcalf before the season. That was the case even after Metcalf’s unsettled contract prompted the catcher to skip last month’s mandatory minicamp with what the team considered an unjustified absence.
Carroll then noted that the Seahawks have had a strong track record of extending players they’ve wanted to keep long-term since he and Schneider arrived in 2010.
“I’m no less optimistic, no,” Carroll said in June, after Metcalf’s minicamp no-show. “We’ve been going through this for years. It’s a tough time. We’ve had so many top guys who have gone through this process, and how has it worked out for us? We figured it out in time John is on it He’s as experienced as he can be at handling this stuff and DK has great representation and DK is one hell of a kid But there’s no way to avoid the first time of this, the first time what it does and the experience and all that. … He’s a remarkable person. He’s a wonderful player. He has so much to offer the world and everything, I just don’t want him to miss out. this opportunity where we can’t So we’ll do what we can.
Metcalf has 216 catches for 3,170 yards and 29 touchdowns in his first three seasons. He made his only Pro Bowl in 2020 after breaking Steve Largent’s single-season franchise record with 1,303 receiving yards. After suffering a career-threatening neck injury in college, Metcalf hasn’t missed a game of his NFL career.
He played most of last season with a broken bone in his foot that required surgery. Carroll said Wednesday that Metcalf had passed his medical and was fine.