The Seattle Seahawks are set to release wide receiver Sidney Rice according to ESPN NFL insider Adam Schefter, who cites a league source. He signed a large five-year contract in 2011, but hasn’t quite lived up to it. In the 2013 season he caught 15 passes for 231 yards, though he only played in 8 games.
Seahawks are releasing WR Sidney Rice, per league source. Rice signed a five-year, $41 million contract in July 2011.
— Adam Schefter (@AdamSchefter) February 21, 2014
This isn’t too surprising, Ian Rapoport of the NFL Network reported that the Seahawks were considering cutting Rice to free up cash to sign other players. By releasing Rice, the Seahawks would save over $7 million in much needed cap space to sign other players they’d rather keep like wide receiver Golden Tate and defensive lineman Michael Bennett.
How can #Seahawks sign Golden Tate & Michael Bennett with Thomas & Sherman extensions? Likely to cut Sidney Rice, ask Zach Miller to cut pay
— Ian Rapoport (@RapSheet) February 5, 2014