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Russell Wilson's contract deadline nears

2h
Play3:48
Time for Wilson to get new deal running out

Chris Mortensen discusses the latest news on Seahawks QB Russell Wilson, who is looking for a new deal, and how this impacts LB Bobby Wagner, who will become a free agent after the season. Mortensen also discusses S Kam Chancellor, who may hold out.

Quarterback Russell Wilson has set a self-imposed deadline of Friday to get a new deal done with the Seattle Seahawks.

Wilson is scheduled to make $1.54 million this season, the final year of his four-year rookie contract. He would face the possibility of being designated the Seahawks' franchise player in February if he does not reach a long-term deal.

Several reports say Wilson has turned down a deal that would be worth $21 million a year. The four top-paid quarterbacks are the Packers' Aaron Rodgers ($22 million/year), the Steelers' Ben Roethlisberger ($21.85 million/year), the Panthers' Cam Newton ($20.76 million/year) and the Falcons' Matt Ryan ($20.75 million/year).

Wilson, 26, has hinted he is seeking $25 million per year, a deal that would make him the NFL's highest-paid player.

He seems to want to be paid, in part, for his past success. Wilson has been 36-12 during his first three seasons with a 63 percent completion rate and an 8-yard average per pass. He is 6-2 in the postseason, 1-1 in the Super Bowl.

“Whether I'm fortunate enough to receive a lot of money for a lot of hard-earned work or I'm still working for it every day,” Wilson said recently, “I'm never going to change in that aspect of it all.”