NFL reporter Tom Pelissero reported Monday afternoon that Wilson is part of a trade that would send the future Hall of Famer to the Denver Broncos, KIRO-TV reported.
According to ESPN Senior NFL Insider Adam Schefter, the trade has been made after weeks of negotiations.
“One of the largest trades in NFL history,” Schefter said.
According to NFL Network, the Seahawks have agreed in principle to the trade that would send the nine-time Pro Bowl quarterback to Denver, while the Broncos informed quarterback Drew Lock that he is part of a package deal that will send several first-round draft picks and a few key Broncos to Seattle.
The deal cannot be finalized until the new league year begins March 16, NFL Network reported.
Meanwhile, the Broncos had a little fun with Monday’s news:
Russell Wilson Wisconsin quarterback Russell Wilson looks to pass against UNLV during the first half of an NCAA college football game Thursday, Sept. 1, 2011, in Madison, Wis. Wisconsin beat UNLV 51-17. (AP Photo/Andy Manis) (Andy Manis/ASSOCIATED PRESS)
Russell Wilson Seattle Seahawks quarterback Russell Wilson (3) hands off to running back Marshawn Lynch (24) during an NFL football game against the Detroit Lions, Sunday, Oct. 28, 2012. in Detroit. (AP Photo/Rick Osentoski) (Rick Osentoski/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson reaches up to grab a throw as he works out with the Texas Rangers during spring training baseball practice, Monday, March 3, 2014, in Surprise, Ariz. (AP Photo/Tony Gutierrez) (Tony Gutierrez/AP)
Russell Wilson Seattle Seahawks Russell Wilson calls to his team before taking a snap against the New York Giants in the first half of an NFL football game, Sunday, Nov. 9, 2014, in Seattle. (AP Photo/Elaine Thompson) (Elaine Thompson/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson passes during warmups before an NFL football game against the San Francisco 49ers, Sunday, Dec. 14, 2014, in Seattle. (AP Photo/Elaine Thompson) (Elaine Thompson/AP)
Russell Wilson NFL player Russell Wilson, of the Seattle Seahawks, left, and Ciara arrives at the ESPY Awards at the Microsoft Theater on Wednesday, July 15, 2015, in Los Angeles. (Photo by Paul A. Hebert/Invision/AP) (Paul A. Hebert/Paul A. Hebert/Invision/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson stands on the field during warmups before an NFL football game against the Carolina Panthers, Sunday, Oct. 18, 2015, in Seattle. (AP Photo/Elaine Thompson) (Elaine Thompson/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson stretches on the field before an NFL football game against the Carolina Panthers, Sunday, Oct. 18, 2015, in Seattle. (AP Photo/Elaine Thompson) (Elaine Thompson/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson (3) dives for a eight-yard touchdown run as Minnesota Vikings cornerback Antone Exum (32) defensive tackle Tom Johnson (92) try to bring him down in the first half of an NFL football game Sunday, Dec. 6, 2015 in Minneapolis. (AP Photo/Ann Heisenfelt) (Ann Heisenfelt/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson, left, and Ciara arrive at the 58th annual Grammy Awards at the Staples Center on Monday, Feb. 15, 2016, in Los Angeles. (Photo by Jordan Strauss/Invision/AP) (Jordan Strauss/Jordan Strauss/Invision/AP)
Russell Wilson NFL football player Russell Wilson, of the Seattle Seahawks, left, and Ciara arrive at the ESPY Awards at the Microsoft Theater on Wednesday, July 13, 2016, in Los Angeles. (Photo by Jordan Strauss/Invision/AP) (Jordan Strauss/Jordan Strauss/Invision/AP)
Russell Wilson NFL football player Russell Wilson, of the Seattle Seahawks, arrives at the ESPY Awards at the Microsoft Theater on Wednesday, July 13, 2016, in Los Angeles. (Photo by Jordan Strauss/Invision/AP) (Jordan Strauss/Jordan Strauss/Invision/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson looks to pass during in the first half of an NFL football game against the Philadelphia Eagles, Sunday, Nov. 20, 2016, in Seattle. (AP Photo/Stephen Brashear) (Stephen Brashear/AP)
Russell Wilson NFL football player Russell Wilson, of the Seattle Seahawks, arrives at the Kids' Choice Sports Awards at UCLA's Pauley Pavilion on Thursday, July 13, 2017, in Los Angeles. (Photo by Richard Shotwell/Invision/AP) (Richard Shotwell/Richard Shotwell/Invision/AP)
Russell Wilson Host Russell Wilson speaks at the Kids' Choice Sports Awards at UCLA's Pauley Pavilion on Thursday, July 13, 2017, in Los Angeles. (Photo by Chris Pizzello/Invision/AP) (Chris Pizzello/Chris Pizzello/Invision/AP)
Russell Wilson Host Russell Wilson reacts after sliding into a pool of slime at the Kids' Choice Sports Awards at UCLA's Pauley Pavilion on Thursday, July 13, 2017, in Los Angeles. (Photo by Chris Pizzello/Invision/AP) (Chris Pizzello/Chris Pizzello/Invision/AP)
Russell Wilson Seattle Seahawks quarterback Russell Wilson (3) runs the ball against the Dallas Cowboys in the first half of an NFL football game, Sunday, Dec. 24, 2017, in Arlington, Texas. (AP Photo/Michael Ainsworth) (Michael Ainsworth/AP)
Russell Wilson BEVERLY HILLS, CALIFORNIA - FEBRUARY 09: (L-R) Russell Wilson and Ciara attend the 2020 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on February 09, 2020 in Beverly Hills, California. (Photo by Frazer Harrison/Getty Images) (Frazer Harrison/Getty Images)
Russell Wilson ENGLEWOOD, CO - MARCH 16: Quarterback Russell Wilson #3 of the Denver Broncos poses with his family (L-R), Sienna, Future, Win and Ciara following an introductory press conference at UCHealth Training Center on March 16, 2022 in Englewood, Colorado. (Photo by Justin Edmonds/Getty Images) (Justin Edmonds/Getty Images)
Russell Wilson KANSAS CITY, MISSOURI - JANUARY 01: Russell Wilson #3 of the Denver Broncos warms up prior to the game against the Kansas City Chiefs at Arrowhead Stadium on January 01, 2023 in Kansas City, Missouri. (Photo by David Eulitt/Getty Images) (David Eulitt/Getty Images)
Russell Wilson DENVER, COLORADO - JANUARY 08: Kyle Van Noy #8 of the Los Angeles Chargers sacks Russell Wilson #3 of the Denver Broncos during the second half at Empower Field At Mile High on January 08, 2023 in Denver, Colorado. (Photo by Matthew Stockman/Getty Images) (Matthew Stockman/Getty Images)
Russell Wilson LAS VEGAS, NEVADA - JULY 09: Professional football player and founder and CEO of Why Not You Productions Russell Wilson attends the PlayersTV press conference at the Westgate Las Vegas Resort & Casino on July 09, 2023 in Las Vegas, Nevada. (Photo by Bryan Steffy/Getty Images) (Bryan Steffy/Getty Images)