Contract Details For Seahawks Agreement With Richard Sherman

 

The Seattle Seahawks officially locked up CB Richard Sherman to a long-term extension on Wednesday.

We’ve been waiting for more concrete details regardingย Sherman’s new deal and, thanks to Mike Florio of Pro Football Talk, we now have them.

Sherman’s contract will end up being a five-year contract worth a total value ofย $57.431 million.

According to Florio,ย Sherman receivesย an $11 million signing bonus which, when added to his 2014 base salary ofย $1.431 million, brings his 2014 salaryย $12.431 million and isย fully guaranteed.

Interestingly enough, the remainingย $27.569 million is only covered for injury, but will ultimately becomeย fully guaranteed inย February of 2016.

In 2015, Sherman will makeย $10 million and isย fully guaranteed on the fifth day after next year’s Super Bowl.

The Seahawk will owe Sherman anotherย $12.569 million base salaryย in 2016, which will also beย fully guaranteed on the fifth day after the 2016ย Super Bowl. Florio adds that anotherย $5 million of his $11.431 million base salary in 2017 will also be guaranteed at this time.

Here are some important numbers to consider.ย Sherman will have madeย $12.431 million as of net February and $22.431 million after his second year. Assuming he’s still on the roster as ofย February 2016,ย Sherman will have madeย $40 million.

This is an extremely impressive contract for Sherman and certainly illustrates how much the Seahawks value his ability.

 

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