While it's unclear when something will become official with Sherman a decision will almost certainly be made by the time the new league year begins on March 14.
Seattle cornerback Jeremy Lane kicked off the intrigue Wednesday morning with a tweet stating: "That text message got my heart hurting ... damn 25 was my Dawg #WhatsNext"
Sherman wears number 25 for the Seahawks and the tweet indicated that Lane had been told Sherman was no longer with the team. Seahawks strong safety Kam Chancellor also posted what could be viewed as a tribute to Sherman, stating "'Chancellor of Operations' Thanks for the name" and tweeting at Sherman.
ESPN's Josina Anderson, though, quoted Sherman as saying: "I'm good. Not sure what that's about (referring to Lane's tweet )... Haven't been told anything,"
That Sherman has apparently been told he could be released if an agreement that includes a pay cut is not reached, though, could be the impetus for the comments of Lane and some of his other teammates, Sherman possibly having told some of them what could happen.
The news of Sherman's Seattle career potentially being over broke just a few minutes before it was revealed that the team had traded defensive lineman Michael Bennett to the Eagles.
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The potential departure of two of the team's best defensive players and most dynamic personalities serves as the biggest signal yet that the Seahawks are willing to vastly reconstruct their team after a disappointing 9-7 season in 2017.
Schneider said Friday at the NFL combine in Indianapolis that the team has no untouchables, a comment that came with the team heavily rumored to undergo a significant makeover this offseason as it attempts to right the ship following what was its first season without a playoff berth since 2011.
Sherman's future has been uncertain since a year ago when the team acknowledged it would consider trading him. He had a rocky 2016 season that included two on-field blowups at coaches and for a while deciding he would not speak to local reporters (he later rescinded that and talked to all reporters throughout the 2017 season).
Sherman also suffered the first significant injury of his career last year, tearing his right Achilles tendon against Arizona on Nov. 9 and ending his season, snapping a streak of 99 consecutive regular-season starts.