Seahawks free agent cornerback Byron Maxwell will sign with the Eagles for five years and between $53 and 54 million, per multiple reports (Jason Braddock had it first then his report was confirmed by several others). The deal reportedly includes $25 million guaranteed, which falls behind only Patrick Peterson, Richard Sherman, Aqib Talb, and Brandon Carr. The Seahawks just had no shot at retaining him unless he was going to be willing to take a steep, steep discount, because they already have so much money locked into the defensive secondary. Richard Sherman has a $12.2M cap hit in 2015, Earl Thomas is at $7.4M, and Kam Chancellor is at $5.65M.
With Maxwell's imminent departure, the Seahawks will look to fill out some depth this offseason at the cornerback position. They've already been connected to Cary Williams and Tramon Williams, and other names like Will Blackmon and Walter Thurmond have been floated as potential depth additions. It's likely the Seahawks will go after corners pretty hard in the draft as well.
It's a tough loss for the Seahawks but congrats is due to Maxwell for earning a big payday.