Yes, first round picks are expensive. And the majority of first round picks receive fully guaranteed contracts. Meaning whether the Seahawks wind up with a Walter Jones or a Brian Bosworth at nine overall, the price is exactly the same.
Obviously when it comes to draft picks, as is always the concern, there is no guarantee a player will be able to perform in the NFL. It’s entirely possible that the player drafted ninth overall develops into an Earl Thomas or a Marcus Trufant or a Shaun Alexander or a Joey Galloway. However, it’s also possible they turn out to be a Russell Okung or a Germain Ifedi or Aaron Curry or Jerramy Stevens or Kelly Jennings or whoever one wishes to choose.
The outcome of the pick is important because the $24,486,270 that the number nine overall pick gets is fully guaranteed. It doesn’t matter whether the player is Brian Bosworth or Aaron Curry levels of bad, whoever is selected with the ninth overall pick will get that $24,486,270 as long as they do two things:avoid injuring themselves away from the team facilities and winding up on the nonfootball injury list by doing something silly like, hypothetically, crashing an ATV.
This gets into why the Seahawks have traditionally traded down when it was their turn to pick during the draft. Later picks, obviously, receive contracts for smaller amounts, and giving guaranteed contracts to players who have played exactly zero snaps of football in the NFL is a very good way for a team to find its roster burdened by players with guaranteed contracts who may not warrant the salaries they are earning.
For a quick example, twice in recent seasons the Seahawks have chosen at the 27th overall pick. In 2018 they added Rashaad Penny at 27, and in 2020 they drafted Jordyn Brooks in that spot. The contract the player selected at 27 will receive will look like this:
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