LB Peterson and Seahawks Look To Deal

The Seattle Seahawks have agreed on the parameters of a new contract with San Francisco 49ers' free agent linebacker Julian Peterson.

Julian's agent said Tuesday evening the contract is for $54 million over seven years and includes $18.5 million guaranteed. The deal is worth $10 million in the first year, $18.4 million in the second and $23.5 million in the third.

A spokesman with the 49ers, who had been hoping to keep Peterson, said the team has been informed a framework for a contract with Seattle is in place. The Seahawks had no comment.