Monday, March 2, 2009

Breaking: Houshmandzadeh to Sign Multiyear Deal Today

By Chris Sullivan

Thanks to my bro Tim for the update. The National Football post is reporting that the Seahawks and Housh have agreed to a multi-year contract. The NFP is suddenly down, but it should be back up. This is the NFP, mind you,and they're often wrong, so who knows.

Gonzo here - Houshmandzadeh is expected to sign the multi-year deal within the hour, which would be $2M more per year than the Vikings were willing to offer.

While the signing comes at no low cost, keep in mind that Ruskell & co were being criticized for not acting quickly enough in free agency and letting big names slip by. It seems the Seahawks' front office placed more value in securing a position that was decimated by injuries last year, which fits Ruskell's business model of fixing problems this team has.

ESPN has just confirmed Housh's decision here. -END (for now)-

EDIT: The deal will be a 5-year, $40 million contract with $15 million in guarantees.