Seahawks 2013 Salary Situation: Breaking Down Seattle's Current Cap Status
John Schneider and Pete Carroll had a plethora of cap room to work with when free agency. But their cap number for 2013 shrank quickly after the Percy Harvin trade and contract extension were made official. After that move alone, Seattle's cap figure now sits at $109,135,410.
Still a far cry from the $123 million cap floor. Being $13,864,590 under the cap has its advantages, yet Harvin only carries a cap hit of $4.9 million in 2013. That number balloons to $13.4 million in 2014, according to Spotrac. Which means they will want to keep a bit of free cap space this year so they can roll it over into next year.
Let's break down the moves that have shaped Seattle's current salary cap number.
Signings and Other Contract Moves
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Released wide receiver Ben Obomanu. The move saves the Seahawks $2,466,667 against the cap.
Signed defensive end Michael Bennett to a one-year, $5 million deal, according to Pro Football Talk.
Traded a first-round pick and a seventh-round pick in 2013, plus a third-round pick in 2014 for Minnesota Vikings wide receiver Percy Harvin, per Seahawks owner Paul Allen. Also inked Harvin to six-year, $67 million extension, per Mike Florio of ProFootballTalk. He will receive $25.5 million in guaranteed money.
Released running back Leon Washington, per Danny O'Neill of The Seattle Times. The move lowers the Seahawks cap number by $2.5 million.
Signed tight end Darren Fells to a three-year deal, according to the team blog. Financial terms of the agreement have not been disclosed at this time.
Estimated Cap Space: $114,698,831 [March 21, 11:38 p.m. ET]