Metcalf’s production in the ensuing season did not reflect that strategy. He posted a career-low in targets (99), receiving yards (850), and receptions (59) in 2025, despite signing a four-year, $132 million extension in March.
That outcome has tempered the Steelers’ view of the deal’s financial return, as the team now weighs the long-term implications of Metcalf’s contract on its cap and depth at receiver.
Rodgers’ potential return to the team in 2026, following a limited connection with Metcalf, adds another layer of uncertainty to the fit of the original trade as the Steelers reassess their passing attack.
With the Steelers’ addition of Michael Pittman Jr. on a three-year extension, questions about Metcalf’s role and value have intensified. If Pittsburgh prefers a receiver on a rookie contract or seeks cap relief, Metcalf could become a candidate for a trade or release after the 2026 draft.
Trading Metcalf would carry a substantial dead-cap hit—about $24 million in 2026 and $18 million in 2027—even if a deal were completed.
Seattle remains a plausible destination should the sides reconvene, given cap space and familiarity with Metcalf. A return would pair him with rising talent Jaxon Smith-Njigba and help address the Seahawks’ need for a big-bodied, high-end target.
