Good news: the Seattle Seahawks are getting a boatload of draft picks and some quality starting contributors from the Denver Broncos, including tight end Noah Fant and defensive tackle Shelby Harris. Bad news: they’re also taking a giant step back at the quarterback position with Drew Lock and Geno Smith now their best candidates to start Week 1 in 2022 and they aren’t getting much extra salary cap space for their trouble.
According to an estimate by Over the Cap, Denver’s salary cap space will be set back around $16.8 million after taking on Russell Wilson’s contract. Meanwhile, Seattle’s cap space will increase, but only by about $775,000.
To avoid confusion I processed the Seahawks/Broncos trade now. Not including cost of rookies, the #Broncos cap space will decrease by about $16.8M. #Seahawks cap will increase by about $775K.
— Jason_OTC (@Jason_OTC) March 8, 2022
Fortunately, the Seahawks were already in pretty good shape when it comes to cap space. If they cut middle linebacker Bobby Wagner – a move that makes a lot more sense now that Wilson is gone and a rebuild is underway – they could create even more room.
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