The Seattle Seahawks have reportedly traded linebacker Julian Peterson to the Detroit Lions for defensive tackle Cory Redding and a fifth-round draft pick.
Julian Peterson, who will turn 31 in July, refused to restructure his contract to stay in Seattle and a trade or release was imminent. The contract that Peterson signed with the Seahawks in 2006 runs through 2012, and calls for a salary of $6.5 million in 2009; Peterson would've counted $8.8 million against the cap in 2009. Trading Peterson saves the Seahawks around $4.6 on the cap next year, and will reportedly allow the Seahawks to avoid over $30 million in salary obligations over the next four seasons.
Instead of cutting the aging linebacker, Tim Ruskell sold high and traded him to the Lions for Redding and the first pick in the fifth round. Cory Redding is a versatile lineman who can play either end or tackle, and was willing to restructure his contract (seven-year deal worth $49 million, signed in 2007) to make the trade feasible.
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