Jake Bobo will not be headed to a different team in 2026.
Per Field Yates of ESPN, the Seahawks have decided to match the offer sheet Bobo signed with the Jaguars as a restricted free agent.
Tom Pelissero of NFL Media reports the new contract is for two years and worth $5.5 million, with $4.5 million guaranteed. Additionally, Bobo will receive a $1.75 million signing bonus and can earn up to $7 million with incentives.
Bobo, 27, has been with Seattle since signing with the club as an undrafted free agent in 2023. He appeared in all 17 games in each of his first two seasons while playing 11 in 2025. He caught just two passes for 20 yards in the regular season, but also had two receptions for 33 yards with a touchdown in three postseason games, helping the Seahawks win Super Bowl LX.
Seattle had tendered Bobo at the original-round level, meaning he would have made $3.52 million on a one-year deal. But Jacksonville’s offer now means Bobo is set to be back with the Seahawks through 2027.
The Seahawks have re-signed another member of their Super Bowl LX champions.
The team announced that they have reached agreement on a new deal with long snapper Chris Stoll. Kicker Jason Myers and punter Michael Dickson will also return to the team after helping Seattle to the second championship in franchise history.
“That definitely means the world,” Stoll said, via the team’s website. “Us three had a great year together. I think Jay My should have been an All-Pro and Pro Bowler, that’s just my opinion. Same thing with Dicko. We all had a great year. [I’m] hopeful to continue that [this] year.”
Stoll signed with the Seahawks after going undrafted in 2023. He has played in every game over the last three seasons.
Last week ended with the Seahawks picking up the fifth-year option on receiver Jaxon Smith-Njigba’s rookie contract. This week began with Smith-Njigba getting his second contract.
The four-year extension has a new-money average of $42.15 million, pushing the bar for receivers up from the $40 million annual average set last year by Bengals receiver Ja’Marr Chase.
Here are the full details of the Smith-Njigba contract, per a source with knowledge of the terms:
1. Signing bonus: $35 million.
2. 2026 base salary: $1.250 million, fully guaranteed.
3. 2026 workout bonus: $250,000, fully guaranteed but must be earned.
4. 2027 option bonus: $30 million, fully guaranteed.
5. 2027 base salary: $1.530996 million, fully guaranteed.
6. 2027 workout bonus: $250,000, fully guaranteed but must be earned.
7. 2027 per-game roster bonus: $850,000 total, fully guaranteed but must be earned.
8. 2028 base salary: $18.837 million, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2028 waiver period.
9. 2028 workout bonus: $250,000, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2028 waiver period.
10. 2028 per-game roster bonus: $850,000 total, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2028 waiver period.
11. 2029 option bonus: $10 million, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2028 waiver period.
12. 2029 base salary: $19.9 million, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2029 waiver period.
13. 2029 workout bonus: $250,000, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2029 waiver period.
14. 2029 per-game roster bonus: $850,000 total, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2029 waiver period.
15. 2030 base salary: $32.2 million.
16. 2030 workout bonus: $250,000.
17. 2030 per-game roster bonus: $850,000 total.
18. 2031 offseason roster bonus: $3 million, due on the fifth day of the 2031 league year.
19. 2031 base salary: $37.7 million.
20. 2031 workout bonus: $250,000.
21. 2031 per-game roster bonus: $850,000 total.
It’s a total payout over six years of $195.167996 million, which works out to an average annual value from signing of $32.527 million. Factoring in the $26.567996 that was due to be paid under the prior two years of the contract, it’s a new-money average of $42.15 million.
The full guarantee at signing is $69.13 million, with $120.067 million guaranteed for injury at signing.
The contract pays out $36.25 million in 2026, with another $32.63 million paid in 2027. Adding in the $19.937 million to be paid in 2028, and JSN will have $88.817 million over three years. That technically gives him $62.24 million in the first new year of the deal.
The non-guaranteed years fall well under the new-money average; they’re not fluff years aimed at driving up the APY.
Yes, the four-year extension puts him under contract for six years. But the trend for high-end receivers is a four-year extension. Smith-Njigba got his without having to carry the injury risk through his fourth NFL season — and without playing for only $2.715 million in 2026.
That’s the hidden benefit for teams that delay signing a first-round pick until after the fourth year of his rookie contract. The team gets the player’s services in the fourth season for peanuts, and the money lost by not doing an extension before year four will never be recovered.
The right outcome for any first-round pick who has proven himself in three years is to get the contract before the fourth year begins. Other receivers (like Chase and Justin Jefferson) had to wait four years. JSN got his after three.
So far, Jaxon Smith-Njigba is having a great 2026.
According to multiple Monday morning reports, Smith-Njigba and the Seahawks have agreed to a four-year extension, keeping him under contract with the club through 2031.
The initial reports indicate Smitn-Njigba’s deal is worth $168.6 million, making him the league’s highest-paid receiver on an average annual basis at $42.15 million.
Seattle recently exercised Smith-Njigba’s fifth-year option.
The No. 20 pick of the 2023 draft, Smith-Njigba was named 2025 AP offensive player of the year after catching 119 passes for a league-leading 1,793 yards with 10 touchdowns in 2025. He was also a first-team All-Pro honoree and a Pro Bowler for the second time.
In the postseason, Smith-Njigba caught 17 passes for 199 yards with two touchdowns, helping the Seahawks win Super Bowl LX.
The wideout has appeared in all 51 regular-season games for which he’s been eligible, catching 282 passes for 3,551 yards with 20 touchdowns.
Fifth-year option season has officially begun.
The Seahawks have announced that they have officially exercised the 2027 options on the first-round contracts signed in 2023 by receiver Jaxon Smith-Njigba and cornerback Devon Witherspoon.
Smith-Njigba, the 20th overall pick in 2023 and the 2025 NFL offensive player of the year, now has a fully-guaranteed salary of $23.852 million for 2027. Witherspoon, taken fifth overall, will make $21.161 million in 2027.
Both will be seeking new contracts, sooner than later. The fifth-year option gives them protection in the event of a fluke injury in the early portions of the 2026 offseason program, since the deadline for exercising the option doesn’t arrive until May 1.
Smith-Njigba has said he believes he should be the highest-paid receiver in the NFL. That would require an extension with a new-money average in excess of $40 million. To get Smith-Njigba to a new-money APY of $41 million, the Seahawks would need to sign him to a five-year, $148.4 million contract. That would equate to a total average from signing of $29.68 million, given what he’s due to earn over the next two seasons.
Regardless of the timing for their second deals, it’s no surprise that the Seahawks plan to keep Smith-Njigba and Witherspoon. In the coming weeks, other teams will be exercising the fifth-year options on 2023 first-round draft picks who have performed well enough in their first three seasons to justify it.
There were only 31 first-round picks in 2023. The Dolphins lost theirs as punishment for tampering with Tom Brady and Sean Payton.
