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Richard Sherman Signs 4-Year, $57.4 M Deal with Seahawks

May 7 2014, 6:26pm CDT | by , in News | Latest Sports News

Richard Sherman Signs 4-Year, $57.4 M Deal with Seahawks
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The Seattle Seahawks signed cornerback Richard Sherman to a four-year, $57.4 million contract extension on May 7.

The Seattle Seahawks agreed to sign cornerback Richard Sherman to a four-year extension on May 7. 

Clare Farnsworth of the Seahawks' official website wrote more about Sherman's day to remember: 

"While continuing to prepare for the three-day NFL Draft that begins Thursday, the Seahawks took care of another significant priority Wednesday by signing All-Pro cornerback Richard Sherman to a contract extension. 

"The announcement was scheduled to be made during an 11 a.m. news conference at Virginia Mason Athletic Center. 

"Sherman, a fifth-round draft choice in 2011, was entering the final season of his rookie contract and general manager John Schneider has said repeatedly that signing Sherman to an extension was one of his top priorities this offseason. 

"Last week, All-Pro safety Earl Thomas was signed to an extension that made him the highest-paid safety in the NFL. 

"Sherman stepped into the starting lineup midway through his rookie season -- as a third-option replacement because Marcus Trufant and Walter Thurman went down with season-ending injuries. But in the past three seasons, no one in the league has more interceptions (20) and passes defensed (60) than the 6-foot-3 Sherman."

Sherman disclosed the terms of his deal -- which is worth $57.4 million with $40 million in guaranteed money -- in his own blog. 

"I am blessed to announce that the Seattle Seahawks and I have reached an agreement on a contract extension. The goal has always been to stay in Seattle and continue to play for the Seahawks. 

"With this chapter closed, I can continue to focus on what is important -- defending our Super Bowl Championship and being the best cornerback in the NFL. 

"This is a great moment for my family, foundations and the people who supported me to this point. Hard work and execution got me to this moment, the Seattle Seahawks have backed up that respect with this contract.

"The terms of my deal are 4 years for a total of $57.4M with $40M guaranteed. There is no other city or team that I would like to play football for. 

"Greatness is realized from countless hours of work, studying, practice, sacrifice and courage. This is just the beginning and I will continue to set the bar higher and higher off the field. 

"Much appreciation to the Seattle Seahawks franchise, the coaches, teammates, friends, the fans, my family and the 12s. The support does not go unnoticed and I carry that into each snap. 

"From Compton to Stanford, 5th-round draft pick to winning the Super Bowl -- dare to be great.

"You get out what you put in!"

According to ESPN's Terry Blount, Sherman will earn an average of $14 million over the course of those four years -- an amount which surpasses that of Darrelle Revis, who will make $12 million with the New England Patriots in 2014. 

In the ESPN update, Seahawks general manager John Schneider said,"It was headed in the right direction for several weeks. I thought it was time to get it tied up and let everybody move forward."

Sherman also told Blount the mega deal will not in any way change his intensity on the field. He said,"I don't think you can ever plan this as part of my journey...It's one of those things you have to accept and really appreciate and still have the same hunger."

He also told USA TODAY's Tom Pelissero his new contract is a reflection of how far he's come.  

He said,"Money talks. That's why the best quarterbacks are paid the highest, that's why the best d-linemen are paid the highest, best receivers are paid the highest -- because they've worked hard." 

 

Now that Sherman is locked up, Seattle has achieved its other offseason objectives -- re-signing Thomas and defensive end Michael Bennett.

These are moves which the Seahawks are looking to build on in their quest for a Super Bowl title repeat. 

For more of the hottest sports news, log on to Sport Balla today. 

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