The Seahawks are extending Lockett with a three-year, $31.8 million contract, NFL Network's Mike Garafolo reported Wednesday. Lockett can earn up to $37.8 million over the course of the deal and also receives $20 million guaranteed, Garafolo added.
Lockett, the Seahawks' third-round pick out of Kansas State in 2015, was set to enter the final year of his rookie deal, which paid a base salary of $1.9 million.
During his rookie season, Locket made an immediate impact as a kickoff and punt returner with 1,231 total yards and two touchdowns en route to garnering honors as a first-team All-Pro selection and Pro Bowl nod.
As a receiver, Lockett has totaled 137 receptions for 1,816 yards and nine touchdowns in three seasons.
Thomas, who enters the final year of his deal and will make a base salary of $8.5 million, seeks an extension or trade and has steered clear of team activities.