This opens a three-week window of time for the Seahawks to activate him from injured reserve and add him to their 53-man roster.
Penny, 25, is a former first-round pick of the Seahawks back in 2018. He’s currently in the third year of his four-year, $10,765,436 contract that includes a $5,909,408 signing bonus with the Seahawks.
Seattle declined his fifth-year option this past May, which would have cost the Seahawks $4.523 million fully guaranteed for the 2022 season.
He was placed on the Physically Unable to Perform list back in August of last year due to a knee injury. He was later activated in December.
In 2021, Penny has appeared in one game and rushed for eight yards on two carries.