Seahawks GM says no to $8M in new contract extension with Earl Thomas

The Seahawks are reportedly working on a new extension with linebacker Earl Thomas that would keep him with the team through the 2019 season.

The contract extension, which would give the Seahawks the third-highest paid linebacker in the NFL and a potential franchise tag, was reported by the Seattle Times and the Seattle Post-Intelligencer on Tuesday.

Seahawks owner Paul Allen and general manager John Schneider are reportedly negotiating on a long-term extension that would pay Thomas $12.5 million next season and $13 million in 2020, $20 million in 2021 and $21 million in 2022, $22 million in 2023 and $24 million in 2024.

The deal would keep Thomas, who turns 32 in July, with the Seahawks through the 2020 season.

A report from Sports Business Daily on Tuesday also indicated that the Seahawks have begun talks with Thomas’ agent, Chris Wolf, on a deal that would send the linebacker to the New Orleans Saints for a third consecutive season.

Schneider said in June that Thomas was open to a new deal.

The Seahawks would likely have to pay Thomas an average of $8.8 million in 2019, but they could also have to re-sign him to a long contract extension that will allow him to earn a similar amount next season.

Seahawks defensive end Richard Sherman is also reportedly on the market and the team is looking for a new starting defensive end.