Florio mentions that while Wilson is not seeking a fully guaranteed contract from Seattle, he is looking to secure a much larger portion of guaranteed money than in the other agreements around the league.
According to Florio, Wilson’s demands for a large amount of guaranteed money has become a “stumbling block” due to the NFL’s funding rule.
This rule requires NFL teams to put the entire amount of fully guaranteed money for skill, injury, and cap into escrow upon the signing of the agreement.
Florio’s sources have said that Seahawks owner Paul Allen isn’t interested in parting with this kind of money in a lump sum, despite the fact that he’s the richest NFL owner.
Contract talks between the Seahawks and Wilson have reportedly been tabled and there has been a lot of talk the quarterback is likely headed for the franchise tag in 2016.
On Friday, Florio predicted that Wilson will play out his rookie contract in 2015 and will suit up for a new team in 2016.
Jason Cole previously reported that Wilson is looking to become the highest paid player in the NFL.
Sources tell Cole the contract demands from Wilson’s agent, Mark Rodgers, would exceeded the deal signed by Packers QB Aaron Rodgers, who received a five-year, $110 million a few years ago.
In the end, Wilson’s agent anticipates that contracts for quarterbacks will explode in the coming years, and if Wilson gets a record-setting deal, it would likely be passed up in the coming years by the likes of Andrew Luck, Eli Manning and Aaron Rodgers.
Wilson confirmed that he took out an insurance policy worth millions of dollars in the event he sustains a career-ending injury this season.
Wilson, 26, still has one year remaining on his four-year, $2.198 million rookie contract, which includes a base salary of $798,651 for the 2015 season.
In 2014, Wilson threw for 3,475 yards while completing 63.1 percent of his passes for 20 touchdowns and seven interceptions. He also ran for 849 yards and scored six rushing touchdowns over the course of 16 games.