Just got a text from KJR that said Seahawks are signing James to a 1-yr deal. Quoted from profootballtalk.com http://profootballtalk.nbcsports.com/2009/08/24/edgerrin-james-lands-in-seattle/
They waived TJ Duckett. Looks like they signed Edge for a little less than what Duckett was due to make so they get a better player and save a little cash.