Wilson was paid $662,434 in 2014, the third season of a four-year rookie deal. He is scheduled to make $798,651 next season before hitting the free-agent market in 2016.
“It presents challenges, there is no question,” Schneider said to the Seattle Times. “We haven’t sat down with his representatives."
Schneider said the move may hinder the team's ability to sign coveted free agents.
“…The fact that we’re going to continue to keep drafted players and playing young players should help us compensate for whatever level of compensation [Wilson’s contract] is.” Schneider said.
He added that the team did a poor job with its free-agency planning last season, but the staff has been proactive in seeing how the rest of the league views its players who are scheduled to become free agents. More than 20 players on Seattle's roster this year are scheduled to hit the market at season’s end.
As for Wilson, he is expected to receive an extension that could pay him more than $20 million per season.
Wilson, a two-time Super Bowl quarterback, has thrown 72 touchdowns and 26 interceptions in his first three seasons. He has won 40 regular season games, setting an NFL record for most victories by quarterback in his first three years in the league.
- Scooby Axson
GALLERY: SI'S 100 BEST SUPER BOWL PHOTOS