Through the one million angles we’ve explored from the recent Geno Smith trade, one area we somehow haven’t addressed yet is the Seattle Seahawks’ salary cap space.
We’ll take care of that on this Sunday before the start of a new league year.
As you may recall, it was just about a week ago when the Seahawks were over the salary cap and needed to clear up room through releasing the likes of Tyler Lockett, Dre’Mont Jones, and three others. Then the Geno trade happened and a lot changed for the Seahawks.
How much cap space the Seattle Seahawks currently have
The Raiders will take on all of Smith’s final year of his existing deal, which means the Seahawks open up $31.5 million in salary cap room for 2025 while taking on $13.5 million in dead money. That in itself just about doubled Seattle’s available space to about $62.5 million, which is eighth-highest among all NFL teams.
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This is going to change even before any outside free agent moves are made because while we do know the value of Brady Russell’s Exclusive Rights Free Agent tender, we do not know the full details of Jarran Reed’s reported new Seahawks contract or the Josh Jobe re-signing. Even acknowledging some of this money will be reserved for signing draft picks that have nothing to do with free agency, Seattle’s got quite a bit of money to spend. They could even have a little more money pending any potential DK Metcalf trade, which would be just under $11 million freed up (but nearly double the dead money incurred).
If there was ever an offseason in which the Seahawks could be in play for some higher-profile free agents instead of the usual bargain hunting, it’s this one. Just be wary about having that much cap space given the last time the Seahawks were this well positioned financially.
