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Monday, March 06, 2006

Seahawks sign Shaun Alexander for $62 million - 8-year deal is largest ever for running back


From The Seattle Post - Intelligencer

By DANNY O'NEIL
P-I REPORTER

Shaun Alexander returned to the Seattle area Sunday night, and he's not headed anywhere else for the foreseeable future.

At least not in terms of his football future.

Alexander has agreed to re-sign with the Seattle Seahawks, agreeing to an eight-year contract worth $62 million. In terms of total money in the contract, it is the largest ever signed by a running back; $15 million is to be paid in the first year.

Agent Jim Steiner gave the contract terms to The Associated Press. Sources close to the situation confirmed Alexander's decision to re-sign. The Seahawks had no comment, as the contract had not been completed. A news conference announcing Alexander's return likely will be today at the team's headquarters in Kirkland.

Alexander returned to Seattle on Sunday after attending banquets on the East Coast and Kansas City. He left his cell-phone charger on the East Coast, leaving his phone out of juice.

He could not be reached Sunday evening, but the electricity of his decision was reverberating around the Puget Sound area, as Alexander is returning to the team he helped reach its first Super Bowl last season.

Sunday began with Alexander just hours away from becoming a free agent. Never mind that the start to free agency was eventually delayed as the league's owners and players union continued negotiating an extension to the collective-bargaining agreement. The whole question of free agency is irrelevant when it comes to Alexander.

After a year in which Alexander was asked about his free-agent future at least once a week, he never ended up getting there. It was about the only destination that Alexander didn't reach in a season when he set the league's single-season record for touchdowns, was named NFL MVP and became the franchise's career-leading rusher.

He has 7,817 yards in six years as a Seahawk, a total to which he can now add.

In those six seasons, Alexander has never missed a game, and he has rushed for more than 1,150 yards in each of the five seasons since he supplanted Ricky Watters as the team's starting running back.
In 2004, he finished second in the league in rushing. This season, he won the rushing title with 1,880 yards. He scored 28 touchdowns, breaking Priest Holmes' single-season league record.

Alexander's future was a source of scrutiny since February 2005, when Matt Hasselbeck and Walter Jones signed long-term deals. Alexander got a one-year deal worth $6.32 million as the team's franchise player. Hardly chump change, but security in the NFL is written by long-term contracts -- the kind Alexander will sign this week.

Hasselbeck and Jones remain the highest-paid Seahawks, but in terms of mechanics, the total sum of Alexander's contract surpasses the $60 million deal that LaDainian Tomlinson signed with the San Diego Chargers. However, about $20 million of Tomlinson's deal was guaranteed.

Alexander signed the one-year contract in July, days before training camp, but only after being guaranteed he would be an unrestricted free agent if he didn't work out a contract extension with the Seahawks.

After signing the contract, Alexander was unfailingly optimistic a deal would be worked out, and he never wavered from the expectation he would stay a Seahawk throughout a season in which the contract discussions could be described as polite, but not overwhelmingly productive.

As with so many negotiations, it took a deadline to produce a deal, and Sunday, Alexander took a last look at the possibility of a free-agent future before agreeing to return to Seattle.

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