AP

The Seahawks have the last pick in the first round of the NFL Draft, but that doesn’t mean they’re not doing any big business in the coming weeks.

According to Jason La Canfora of CBSSports.com, the Seahawks are making “considerable progress” on a new deal for cornerback Richard Sherman, and that both sides “are hopeful it’s complete by the draft.”

Paying Sherman — and La Canfora reports it will come in north of $13 million per year — will be the first of a number of big deals the Seahawks will have to do, before they have to start making the corresponding hard choices.

But they’ve gotten such value out of Sherman so far that they can’t complain. The former fifth-rounder is entering the final year of a four-year, $2.2 million deal.

And since he’s become one of the league’s top cornerbacks, it’s time for him to get paid like one.