Mike Florio of Pro Football Talk reports that Seahawks S Kam Chancellor believes the team backed out of a verbal agreement struck in early August that would have boosted his 2016 salary. Seattle cited a reluctance to set the precedent of revising contract that has three years remaining on it as the reason for doing so.
According to Florio, the Seahawks later offered Chancellor “something less than the deal to which the two sides verbally agreed.”
Chancellor reportedly also believes that the Seahawks offered to continue with his current agreement, but wait until March of next year to file the new agreement, which would prevent them from setting a precedent for future negotiations.
However, the Seahawks “strongly deny” the contention that a postdated deal was offered and agreed to.
Ultimately, Chancellor elected to report to the team and end his holdout, much to the surprise of many. Seattle wasted no time in activating him for today’s game.
Chancellor, 27, still has another three years remaining on his five-year, $29.323 million contract that included $17 million guaranteed. He stands to make base salaries of $4.55 million (2015), $5.1 million (2016), and $6.8 million (2017).
In 2014, Chancellor appeared in 14 games and recorded 78 tackles, one interceptions, a forced fumble and six pass defenses for the Seahawks. Pro Football Focus has him rated as the No. 20 safety out of 87 qualifying players.
We’ll have more regarding a potential new deal for Chancellor as the news is available.