Seattle Seahawks re-sign free agent defensive end Michael Bennett

The Seattle Seahawks have agreed to terms on a four-year deal with defensive end Michael Bennett, according to Pro Football Talk. ESPN NFL Insider Adam Schefter tweets that Bennett will receive $34 million with Ian Rapoport (NFL Network) and Jason La Canfora (CBS Sports) confirming the annual $8 million/year price tag. ESPN Insider John Clayton tweets that the deal has $16 million worth of guarantees.

NOTE: Another number out there is a four-year deal worth $28.5 million.

Bennett had been the Chicago Bears top choice with Bengals free agent Michael Johnson on their radar. Let's go ahead and assume that Johnson is much higher on the Bears radar, placing themselves in the middle of a bidding war with the Tampa Bay Buccaneers, who reportedly are making a big push for Johnson.

Bennett's deal may have also provided a forecast for Johnson's ceiling -- in that he'll receive something in the neighborhood of $34 million and $16 million guaranteed. Maybe he'll receive more, or less, but figure that the contract will be similar.

UPDATE: According to Mike Florio of ProFootballTalk, Bennett's deal is actually worth $28.5 million in total. He apparently turned down more money from other teams, but will be making $10 million in 2014 alone. The yearly salary average for the four years is $7.13 million.

(Anthony Cosenza contributed to this report.)