Rice signed a one-year deal with the Seahawks that will pay $1.4 million if he stays on the roster the entire season. His base salary is $1 million, plus a $150,000 signing bonus. Rice also will receive $15,625 for every week he’s on the roster in the regular season.
Rice, 27, was released by the Seahawks in February for salary-cap reasons. He would have counted $7.3 million against the 2014 cap. The new contract counts $1.275 million against the salary cap, so the Seahawks saved more than $6 million in cap space.
Rice also said Monday that his is ahead of schedule in his rehab off the ACL surgery after injuring his knee at St. Louis on Oct. 28 last season. Rice was cleared last week by Dr. James Andrews to begin cutting drills.
Rice also had a comment about Seahawks receiver Percy Harvin and what fans should expect from Harvin in 2014.
“A healthy Percy Harvin is very scary,” Rice said. “Very, very scary.”