Breaking News - As being reported on ProFootballTalk, Percy Harvin has agreed to terms with the Seattle Seahawks on a new six-year, $67 million contract.
NFL Impact - We knew that Harvin would have a huge impact with Seattle, as long as he was able to agree to a contract extension. That happened today, according to a league source. The extension voids the last year of Harvin’s rookie contract. Heading into 2013, quarterback Russell Wilson will have a few top receiving options in Harvin and another former Minnesota Viking wide out with Sidney Rice.
The contract, according to ProFootballTalk breaks down as follows:
The base salaries are $2.5 million in 2013 (fully guaranteed), $11 million in 2014 (guaranteed for injury for now, fully guaranteed on fifth day of the 2014 waiver period), $10.5 million in 2015, $9.9 million in 2016, $9.95 million in 2016, and $11.15 million in 2017.
Thus, $14.5 million is fully guaranteed, with another $11 million guaranteed fully after the 2013 season. The total guarantee, then, is $25.5 million.
He also gets $36 million over the first three years of the deal.
Fantasy Spin - Look for Harvin, as long as he remains healthy, to continue his climb and becoming a very solid WR2 option with the potential to perform as a WR1. Health must be on his side though as Harvin has missed a total of 10 games in his young career and constantly is dealing with severe migraine issues. This also helps keep defenders more honest for Rice as well as running back Marshawn Lynch. Perhaps the happiest person not named Percy Harvin though is Wilson. Draft Harvin after the first couple of tiers of wide receivers have left the draft board.