What are the finer points on this restructure?
Last week, the Seattle Seahawks reached an agreement with Tyler Lockett on a restructured contract, which effectively confirmed that he would be remaining with the team in 2024. Brady Henderson released the details of the restructure today, which can be seen below.
In a follow up tweet, Henderson explained how this may impact the Seahawks’ cap space as such: We have seen a number of noteworthy players leaving Seattle this offseason, and I am glad that Tyler Lockett appears to be safe. His cap number jumps to nearly $31M next season, according to Over the Cap, so the team will likely revisit this decision in 2025.
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