Report: Russell Wilson will become NFL’s second-highest-paid QB

The Seattle Seahawks and quarterback Russell Wilson agreed to a contract extension that will make him the NFL's second-highest-paid quarterback, according to MMQB's Peter King.

The contract also includes a $31 million signing bonus, and total guarantees of approximately $60 million. According to Pro Football Talk, the deal is a four-year extension for a total of five years, so Wilson is locked in through the 2019 season.

Wilson's deal comes in just south of the average of $22 million per season, which the NFL's leading man, Green Bay Packers quarterback Aaron Rodgers, makes. Wilson and the Seahawks had agreed to a self-imposed deadline of 10 a.m. PT on Friday to agree to an extension.

The Seahawks might be in a financial pinch, with several other key players wanting to get paid or heading into their free-agency seasons, but they had to make this contract with Wilson happen. There was pressure for Wilson to get a deal done — he stood to make a mere $1.5 million this season.

The two sides had gone back and forth all offseason, with Wilson saying all the right things publicly but sources reporting that he and agent Mark Rodgers were starting their asking price at $25 million per season. That was never going to happen, but the pressure of potentially losing their franchise QB forced the two sides together for an 11th-hour negotiating session Thursday night and into Friday morning.

The contract averages $21.9 million, which is just north of two-time champ Ben Roethlisberger, whose deal with the Pittsburgh Steelers averages $21.85 million. Wilson's $31 million signing bonus matches what Roethlisberger earned when he signed his extension in March.

Along with the money, the four-year part of the deal is another stunner: This means Wilson, 26, can renegotiate his next contract before he turns 30. It's rare for a team to sign a franchise quarterback in his prime to a deal this short, with most deals of this sort coming in the five-, six- and seven-year range.

Will this Wilson contract prevent the Seahawks from keeping Michael Bennett and Kam Chancellor, who have asked for renegotiated contracts, or Bobby Wagner, Russell Okung or Bruce Irvin — who are all heading into the final years of their deals?

Perhaps, but the Seahawks have no worries about their quarterbacks for the next several seasons.

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Eric Edholm is a writer for Shutdown Corner on Yahoo Sports. Have a tip? Email him at edholm@yahoo-inc.com or follow him on Twitter! Follow @Eric_Edholm