The deal includes $17 million in guaranteed money and he has a chance to make another $5.7 million through incentives. The Seahawks have called a news conference for 5 p.m. ET at team headquarters to announce the deal. Chancellor, 25, was second on the team with 101 combined tackles, and also had two fumble recoveries and four pass defensed last season. Chancellor, a fifth-round draft choice in 2010, is the first in the Pete Carroll-era to sign an extension, according to the report. He has 221 tackles and four interceptions in his career.