The Seattle Seahawks are facing some significant decisions with two of their standout 2023 first-round picks, Devon Witherspoon and Jaxon Smith-Njigba (JSN), as they approach the end of their rookie contracts. Both players have proven to be invaluable assets, with Witherspoon shining as a cornerback under both Pete Carroll and Mike Macdonald, and JSN making waves as a wide receiver, boasting consecutive 100-catch seasons and an Offensive Player of the Year award.
As their rookie deals near expiration, the Seahawks have the option to extend these contracts using the fifth-year option exclusive to first-rounders. The NFL recently announced the values for these options: JSN’s is set at $23,852,000, while Witherspoon’s is $21,161,000.
Witherspoon's impressive performance, including at least two Pro Bowl selections in his first three seasons, places him in the top tier for his position. JSN, though a two-time Pro Bowl player, was an alternate in 2024, which affects his option value.
If either player ends up on their fifth-year option, their salaries will be fully guaranteed. This means they can be traded without the team incurring any dead money. A similar situation is seen with New York Giants pass rusher Kayvon Thibodeaux, who is currently playing on his fifth-year option without an extension.
Looking ahead to 2027, if JSN and Witherspoon remain on their options, the Seahawks could have over $45 million in salary cap space committed to these two players without long-term extensions. This scenario presents a strategic decision for the Seahawks as they navigate their roster and cap management.
The deadline for exercising these fifth-year options is crucial for the Seahawks, as it will determine their financial flexibility and future roster planning.