The Seattle Seahawks have reached an agreement to re-sign wide receiver Rashid Shaheed to a new multi-year contract, according to reports from Ian Rapoport and Tom Pelissero of NFL Network. The deal is reportedly a three-year agreement worth a total of $51 million. Shaheed was a free agent prior to this agreement and will now remain with the organization for the foreseeable future.
The contract negotiations were finalized by agents Drew Rosenhaus and Robert Bailey on behalf of the wide receiver. According to Rapoport, the deal ensures that Shaheed returns to the Seahawks roster. The $51 million total value of the contract marks a significant financial investment in the receiver position by the Seattle front office as the new league year begins.
Details regarding the guaranteed portion of the contract or the specific yearly salary cap hits have not been disclosed at this time. The Seahawks have not yet officially announced the transaction, but the terms have been confirmed by multiple league sources. This move solidifies the team's depth at the position following the conclusion of the previous season.
This is a developing story. Check back for updates.
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