Cutler Cashes In, Gets Contract Extension
Bears QB Inks Deal After Just 5 Games
AP
Bears QB Inks Deal After Just 5 Games
Well, that didn't take long.
The Bears are showing Jay Cutler the money. And it's a nice chunk of change.
The 26-year-old QB gets an extension through 2013 worth $30 million with $20 million of that in guaranteed cash, according to several sources.
The deal ranks Cutler fifth among the NFL's highest-paid quarterbacks behind Eli Manning, Peyton Manning, Tom Brady and Phillip Rivers.
Cutler, 26, is still under contract through 2011 on his six-year, $47.86 million rookie deal signed with the Broncos. By obviating a 2011 lockout, Cutler gets an early chunk of change and the prospect, if things don't work out, of being on the open market as a veteran and still-young 30-year-old gunslinger.
The deal also works well for the Bears.
Cutler was due a $12 million roster bonus in 2011, but that money basically now goes to his contract. That gives them room to, presumably, build up players around their franchise QB.
Posted Wednesday, Oct 21, 2009 - 9:35 AM EST
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