Two years ago, Kam Chancellor decided to hold out in hopes of reaching a new deal with the Seattle Seahawks. Nearly one year ago, Chancellor reflected on the lessons he learned from the holdout. Today he has reportedly agreed to a three-year extension with the Seahawks.
Breaking: I'm told #Seahawks S Kam Chancellor has agreed to 3y $36M extension w/ $25M in g'teed money. Deal negotiated by agent Alvin Keels.
— Josina Anderson (@JosinaAnderson) August 1, 2017
Seattle Seahawks Safety Kam Chancellor Signs Three Year Extension
Josina Anderson of ESPN reports that the new deal is worth up to $36 million, with $25 million guaranteed. The guaranteed money ranks seventh for the position, and $2.75 million less than what was guaranteed to teammate Earl Thomas. While Thomas may have more guaranteed money, Chancellor’s new money average will be $12 million a year, which would make him the third-highest paid safety in the league. The new extension locks up a core member of the Seahawks defense, but there wasn’t always a belief that Chancellor would remain on the team.
In May, some thought that the Seahawks were planning to move on from Kam Chancellor after this season. The team had yet to reach a new agreement with Chancellor, and they had drafted a potential replacement in Delano Hill, a strong safety at Michigan. However, things changed as the Seahawks reported to camp.
While the 2015 camp, which featured Chancellor’s holdout, and the 2016 camp did not bring about a new deal, 2017 had a different tone. Right from the start of camp, Chancellor expressed his optimism about a new deal.
“Hopefully it’ll get done any time now,” said Kam Chancellor, via Sheil Kapadia of ESPN.com. “Both sides have been very productive working together and just waiting to see what’s happening.”
Kam Chancellor even went as far as to express his desire to remain a Seahawk prior to the extension. “I love this team. They gave me the first opportunity, the only opportunity. And I would love to retire here.”
Kam Chancellor was in the last year of his four-year, $28 million extension. The new extension will keep Chancellor as a Seahawk through the 2020 season.
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