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Seahawks sign LB Julian Peterson

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Wow, was I ever wrong. I said earlier today that Julian Peterson would never get the kind of guaranteed money he was looking for, so much for my analysis of the situation.

From KFFL.com:

Seahawks | Team reaches agreement with Peterson

Adam Schefter, of the NFL Network, reports the Seattle Seahawks have reached an agreement with free agent LB Julian Peterson to a seven-year contract worth $54 million. The deal includes $18.5 million in guarantees, including $10 million for the 2006 season.

If they match the offer for Steve Hutchinson they've laid out a lot of money. The Cowboys would have an opportunity to make an offer for K Josh Brown and force the Seahawks to think long and hard before matching it.

Update [2006-3-21 0:55:48 by Grizz]: The Seahawks declined to match the Viking's offer sheet for OG Steve Hutchinson. Might be a little tougher to pry Josh Brown loose now.