Sorry, not buying this crap.
There is no confirmation (as this article states) that Garrett Scott will receive over half a million dollars. By signing him, Scott gets a signing bonus of approximately $90 to $100k (of which, about 50% will be eaten by taxes and agent fees).
By waiving him with the Non-Football Illness Designation, according to the Collective Bargaining Agreement, he will not be entitled to any further compensation while on the Non-Football Injury or Illness list.
So, Scott gets to cash a check for about $50k while the Great, Powerful, Classy Seahawks use this as advertising to cash-in on a PR stunt, and along with their probable insurance settlement claim.
Excuse me if I don't stand in line to swing off their jock.