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The Seahawks have restructured/extended longsnapper Clint Gresham's contract, Brian McIntyre of Yahoo! Shutdown Corner reports. The new deal is for two years, $1.655 million and keeps the steady special teams contributor around through 2014. More importantly, it lowers Gresham's cap hit of $1.323M to something significantly more manageable (for a longsnapper), probably somewhere around $800k (that's me guessing).
Gresham's main competition in Kyle Nelson was released today, so this move was somewhat expected. Gresham's $1.323M hit would have been the league's 2nd highest among longsnappers, and while Pete Carroll surely values special teams, it was unclear if he values them to make Gresham the 2nd highest paid player at his position. This looks like a good deal for both parties - longer-term security for Gresham and a spot on a good team, and some needed cap relief for the Hawks.