The Seahawks reportedly have offered partial guarantees to Kam Chancellor in 2016 and are willing to waive 70 percent of the fines he has accrued while sitting out.
The Hawks also are not even considering trading Chancellor at this point, as they believe he might return after the opener in St. Louis, Davis Hsu of Field Gulls tweeted Tuesday night.
Chancellor has three years left on the five-year, $29 million deal he signed in 2013, and he is unhappy that his 2014 pay will be $4.55 million — even though it is guaranteed and he already has made $12.5 million the past two seasons.
He reportedly wants the Seahawks to pay it forward — turning most of his $4.55 million for this year and $5.1 million for 2016 into a signing bonus.
The Hawks are willing to guarantee some of that $5.1 million, Hsu tweeted.
The team can fine Chancellor $30,000 per missed day in the preseason and reclaim $250,000 of his signing bonus, but the Hawks apparently are willing to forgive most of that — though not all, “as a matter of principle,” Hsu tweeted.
Each game Chancellor missed would cost him about $268,000 — 1/17 of his salary.
Here are Hsu’s relevant tweets from Tuesday night:
Seahawks have an offer out to Kam- essentially will waive 70% of the fines and will partial GTEE some 2016 Base….nothing substantial-
— DAVIS HSU (@DavisHsuSeattle) September 2, 2015
at this point- SEA does not want to waive 100% of the fines as a matter of principle-
— DAVIS HSU (@DavisHsuSeattle) September 2, 2015
JS has got a lot of calls around the league about Kam- he basically hangs up the phone and says “NotInterested.”….
— DAVIS HSU (@DavisHsuSeattle) September 2, 2015
so, sounds like the Front Office does not believe he will play vs STL, but perhaps more hopeful for Week 2- but anything can happen-
— DAVIS HSU (@DavisHsuSeattle) September 2, 2015
again-SEA not interested trading Kam, have small offer out to him- partial Gteesfor 2016 & waive of 70% of fines, do not expect him Week 1
— DAVIS HSU (@DavisHsuSeattle) September 2, 2015