The Seahawks restructured a portion of the contract of their debated quarterback, unleashing a torrent of debates regarding what the restructure means for Smith and the team.
Thursday the Seattle Seahawks broke up the quiet time ahead of the 2024 NFL Combine by restructuring the contract of Geno Smith, sending many fans into a frenzy. The move frees up some 2024 salary cap space for the Hawks by borrowing from the 2025 cap, but many are more interested in what this move means for the team in 2024.
9M, which would be Smith’s base salary and his workout bonus. In addition, just as has been seen with several other trades in recent years, it’s possible the Seahawks converted the roster bonus to signing bonus at the request of an acquiring team. When the Los Angeles Rams traded for Von Miller, they sent extra draft compensation to the Denver Broncos in order for the Broncos to convert $9M of base salary to signing bonus.
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