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Sources: Seahawks to let QB Geno Smith collect $12.7 million

Related Topics: Geno Smith, Seattle Seahawks

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Quarterback Geno Smith, who has $12.7 million in his contract that becomes fully guaranteed on Friday, was informed Thursday that he will remain on the Seattle Seahawks' roster through this week, allowing that money to trigger, sources told ESPN's Adam Schefter.

The $12.7 million now converts from injury guaranteed to fully guaranteed, assuring that Smith will collect the money.

The Seahawks believed that, in today's market, with salaries soaring for starting quarterbacks, the right decision was to pay the money, sources told Schefter.