The trade rumors could drag out for months until the Seahawks’ asking price drops
Two days ago, Seattle Seahawks All-Pro receiver DK Metcalf told the organization that he is requesting a trade to a “contender.” That request has been acknowledged by the Seahawks, who are now working with him to find offers that will make sense for both parties.
One team that has been linked to Metcalf, since before his trade request was officially, is the Green Bay Packers, who reportedly have an offer including a “high pick and a young receiver” on the table. So how has this story developed over the last 48 hours? Let’s walk through all the newest information in this saga.
On Thursday, Seattle general manager John Schneider joined a local radio show to discuss his team, including the trade rumors revolving around Metcalf. Not only did he confirm that his team is fielding calls from teams for Metcalf, but he set the deadline for the trade: the 2025 NFL draft.
According to NFL insider Josina Anderson, at least one team is willing to part with a third-round pick to pay Metcalf an extension that’s expected to be in the ballpark of $30 million per year. Meanwhile, the Seahawks are looking for first- and third-round picks in exchange for Metcalf, per The Athletic’s Dianna Russini.
That’s a pretty sizeable gap in valuation. Anderson’s follow-up on Metcalf’s valuation said that the team willing to offer the third-round pick has momentarily bowed out of trade talks with Seattle, because “right now the Seahawks want too much.”
What defines a high pick is up for debate, but considering all of the reporting, it wouldn’t be a shock if the Packers’ current offer for Metcalf is something like a third-round pick and Romeo Doubs, one of these “young receivers” who are allegedly part of Green Bay’s trade package.
The final bit of news I want to touch on is NFL Network’s Mike Garafolo’s appearance on Puck Sports, a Seattle-based show. Many are stating that Garafolo said three teams are in the running for Metcalf, the Packers, the Las Vegas Raiders and the Carolina Panthers, but that wasn’t the case if you listened to the actual interview. Garafolo simply named some teams off the top of his head who might be interested in a Metcalf trade, noting the connections between Raiders and Panthers decision-makers and their overlapping history with the receiver.
When compensation came up, Garafolo claimed that two parties would likely reach a number somewhere in the middle of the two asking prices, like a second-round pick. A third-round pick and Doubs sure seems to be comparable to a second-round pick, especially if you’re in a spot like Seattle finds itself in — where their only notable receiver beyond Metcalf on their roster is slot receiver Jaxon Smith-Njigba.
Until the Seahawks are told their asking price is too high by all of the teams that show interest in Metcalf, though, don’t expect them to make a move. At the moment, Seattle has about $29 million in effective cap space going into free agency, so they could very well take this down to the NFL draft deadline that Schneider set for his team.