Over the weekend, both Chancellor and Coach Pete Carroll had indicated that an extension was imminent and Chancellor was encouraged about the progress toward a deal that would keep him in Seattle for a long time. This is a good possibility as the veteran safety will be 33 years old at the end of his contract.
After the signing, Chancellor said he loves the Seahawks as they gave him his first and only opportunity to play in the National Football League and "I would love to retire here". Yet, even with those injuries, Chancellor is still a valuable member of the Seahawks' secondary and defensive unit as a whole, resulting in the team making the decision to sign him to a new deal. Two years ago, Chancellor was a training camp holdout because he was unhappy with his contract.
According to Anderson's report, $25 million of Chancellor's new deal is guaranteed money.
Chancellor, 29, has been Seattle's starting strong safety since 2011 and one of the key locker room leaders.
Chancellor was entering the final year of the four-year extension he signed before the 2013 season.
"I really don't like to put no negative thoughts in my head", Chancellor said Monday. "They gave me the first opportunity, the only opportunity, and I would love to retire here".
Chancellor, 29, will now be under contract through the remainder of his prime years.