Caleb Williams Contract and Salary Cap Details
Salary, Signing Bonus, and Guaranteed Money
Caleb Williams, the reigning Heisman Trophy winner, has signed a four-year rookie contract with the Chicago Bears. The contract includes an annual average salary of $7.5 million and a signing bonus of $25 million. The total guaranteed money in the contract is $40 million.
Roster Bonuses and Contract History
In addition to his base salary and signing bonus, Williams will also receive a number of roster bonuses over the course of his contract. These bonuses are paid out if Williams is on the active roster for a certain number of games. Williams' contract also includes a fifth-year option, which the Bears can exercise after the 2027 season.
Salary Cap Implications
Williams' contract has a significant impact on the Bears' salary cap. Thesigning bonus is spread out over the length of the contract, so it will count against the cap for $5 million each year. The guaranteed money in the contract also counts against the cap, so the Bears will need to carefully manage their cap space in order to keep Williams on the roster.
Conclusion
Caleb Williams' contract is a significant investment for the Chicago Bears. However, it is an investment that could pay off handsomely if Williams continues to develop and reach his full potential. Williams is one of the most talented quarterbacks in the NFL, and he has the potential to be a franchise quarterback for the Bears for many years to come.
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