Well, after betting heavily against Alexander returning to the Seahawks, it looks like he re-signed for a lot less than I thought it would take. He's getting $15.125 million this year, (including an $11 million signing bonus and $2 million roster bonus), but that $13 million in bonus really is a lot smaller than that since his first year salary - the only guaranteed year - is so little. If you figure it would cost them $7 million or so if they were allowed to franchise him, the bonus really only amounts to $8 million more of guaranteed money.

Basically, he didn't get Hasselbeck or Walter Jones money, but he gets to stay on the team that drafted him with a great offensive line and for close to what I think the market would bear for a running back of his mileage, MVP award notwithstanding.

All in all, a good move for Alexander, and the Seahawks got him at a decent price.

Alexander doesn't carry inordinate risk for the next year or two, and even if he's not as important as Hasselbeck or Jones, he wouldn't be easy to replace.

As Thornbury indicated a rare win-win here that I didn't think they'd pull off.