Ian Rapoport of NFL Media reports that the Seahawks and S Kam Chancellor have negotiated an agreement in the past few months in attempt to bridge the gap between his current compensation and what he feels he should be paid.
According to Rapoport, Seattle offered to pay Chancellor $8.1 million in 2016, but he’s reportedly looking for $9 million, which leaves them $900,000 apart. Rapoport adds that there will be no change for the 2015 season.
There’s also the issue of the fines Chancellor has incurred with his holdout. He’s hoping to have his fines wiped away, but the Seahawks haven’t been willing to wave all of them yet, according to Rapoport.
All things considered, Rapoport still thinks there’s a compromise in there somewhere.
For what it’s worth, Mike Florio of Pro Football Talk reported last night that Chancellor will have lost out on $1.87 million from his holdout as of Sunday.
Chancellor told Dan Hellie of NFL Network earlier in the week that his representatives and the Seahawks are “less than $1 million apart at this point,” which coincides with what Rapoport is reporting.
Chancellor said that he has been willing to meet the Seahawks half way regarding his contractual demands, and is looking for some of his $6.8 million salary in 2017 to be moved to 2016, per NFL Media PR.
He will lose around 650,000 for each game he misses this season. However, there’s a chance that the two parties could bridge this gap in the coming days or weeks.
The problem for Seattle is that whatever they elect to do with Chancellor will set a precedent for players who are unhappy with their current deals.
“What they’re worried about is a precedent,” Rapoport said, via NFL.com. “… While Kam Chancellor rightfully so wants to be paid among the game’s highest-paid safeties, the Seahawks are now worried about will all the other players do the exact same thing when it’s their turn in a couple years.”
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 the Seahawks and Chancellor as the news is available.