Gregg Bell of The News Tribune first reported the deal.
Wright has spent his entire eight-year career in Seattle, and the rangy linebacker won't have to look for a new home after hitting the free agent market for the first time in his career.
The 29-year-old missed 11 games due to a knee injury in 2018 but remains a tackling menace when healthy. Prior to last year, Wright had a string of four straight seasons of 100-plus tackles.
Keeping Wright next to Bobby Wagner ensures that while much of the rest of the Seahawks' defense has churned the past couple seasons, the heart of Pete Carroll's D remains intact. Wright's importance to Seattle's D was on display during the playoff loss to the Dallas Cowboys. In the comeback bid, Wright was all over the field, gobbling up eight tackles and an acrobatic interception.