In what has to be a monetary move more than anything else, the Seattle Seahawks on Sunday, according to the Associated Press, rescinded the franchise tag on linebacker Leroy Hill, essentially making him a free agent.
This happened a day after the team drafted Wake Forest LB Aaron Curry, the fourth overasll pick in the 2009 NFL draft. What this does is free up $8.3 million in salary cap space, which is the value of the guaranteed contract for 2009 the team was obligated to offer Hill as a franchise player. Meanwhile, Curry is expected to receive $25 million guaranteed in his new contract.
The move surprised me in the respect that Hill is still relatively young and productive at the outside linebacker position and he is only 26 years old; however, with financial considerations being the core of the Seahawks’ rationale, perhaps this was in the best interests of the Seahawks. Whoever gets Hill (Indianapolis, here’s your chance!!) can consider themselves lucky.