The Seattle Seahawks’ offense could be heading for a long summer.
The Seahawks signed free-agent quarterback Russell Wilson on Thursday, and he’s expected to receive a hefty raise from $2.8 million to $5.1 million per year, according to a league source.
The contract comes with a steep price tag, but the team is likely to make a significant profit.
Wilson is entering his fourth NFL season, having spent the previous two seasons with the New Orleans Saints.
Wilson threw for 4,848 yards and 30 touchdowns in the regular season and NFC Championship Game, which the Seahawks lost to the Cleveland Browns.
The Saints won the Super Bowl, with Wilson throwing three interceptions in the game.
Wilson will earn $2 million in the final year of his contract, $3.5 million in 2017, and $4 million in 2018.
He’ll also get $2,000 per game in signing bonuses and a $500,000 base salary, league sources told NFL Media Insider Ian Rapoport.
Wilson was the No. 3 overall pick in the 2017 draft.
The Seahawks have a roster that could be in a dire situation if Wilson leaves.
Rookie wide receiver Doug Baldwin, who missed the entire 2016 season because of an injury, is currently on the active roster.
He will not count against the Seahawks’ salary cap next season.
Wilson was a top-five pick in this year’s draft.
The former Tennessee Titans quarterback completed 57.1 percent of his passes for 1,764 yards, 14 touchdowns and 10 interceptions last season.
He threw for 3,846 yards and 35 touchdowns in 2017.
Wilson’s deal is the latest example of the Seahawks getting good value for their investment in Wilson.
Wilson, who turns 28 in July, is the third quarterback in NFL history to receive three contracts for less than $1 million.
Wilson also is eligible for $4.25 million in guaranteed money next season, according a league executive.
Wilson earned $3 million in 2016.
He earned $2-3 million from the Saints, $1.25-2.5 from the Raiders, $750,000 from the Broncos and $1-1.5-million from the Seahawks.