The big news concerning the Seattle Seahawks’ cap situation was the decision to guarantee quarterback Geno Smith’s $12.7 million base salary for the 2024 season. February 16 was the deadline to either guarantee the salary or release Geno and save nearly $14 million in cap money, and Seattle opted to keep Smith on the roster. If he isn’t traded by March 18, when his $9.6 million roster bonus is due, then it’s a near certainty that he’ll be the Seahawks’ starting QB come September.
Here’s Field Gulls’ own John Gilbert’s detailed explanation on his situation, since he’s the only one who didn’t have a full salary guarantee: Not a lot of money will be saved with a pre-June 1 trade of Jones and cutting him is out of the question unless you want to incur triple the dead money compared to cap savings. Myers may not have had the best season in terms of field goal percentage but he was perfect on PATs and was tasked with way more kicking than he should’ve been.
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