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Alexander signs with SEA for $62 million


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SEATTLE -- NFL Most Valuable Player Shaun Alexander has agreed to a $62 million, eight-year contract to remain with the Seattle Seahawks, his agent said Sunday night.

 

Jim Steiner said the deal is the richest ever for an NFL running back and will pay the league's leading rusher over $15.1 million in guaranteed cash, through signing and other bonuses and 2006 base salary.

 

Steiner told The Associated Press of the signing in a telephone interview, minutes after the NFL pushed back the start of the free-agent signing period 72 hours to Thursday.

 

The league still must approve the contract, and Alexander has yet to sign it.

 

The team is waiting for the contract to become official before announcing the deal, though a press conference at team headquarters could come as early as Monday afternoon.

 

"They definitely wanted to do this," Steiner said of the Seahawks bringing back Alexander, who set an NFL record with 28 touchdowns last season. "And Seattle was Shaun's first choice all along."

 

Great news!

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