Report: Jay Cutler’s Contract Breakdown

View Comments
Jay Cutler. (Photo by Grant Halverson/Getty Images)

Jay Cutler. (Photo by Grant Halverson/Getty Images)

Chicago Bears
Upcoming Games

Buy Bears Tickets Full Schedule
Featured & Trending:

Latest News Headlines:

Sports Fan Insider

Keep up with your favorite teams and athletes with daily updates.
Sign Up

(CBS) Now that the dust has settled, more information is beginning to leak out regarding Jay Cutler’s new, seven-year, $126.7 million deal.

Pro Football Talk’s Mike Florio cites a source who said the deal will pay Cutler $54 million in guaranteed money over the first three years. After the first three years, it’s essentially four, one-year team option ‘pay-as-you-go’ deals.

The cap hits are a little surprising, if true.

Here’s the report from “… Cutler will make $54 million over the next three years, with a rolling guarantee that starts at $17.5 million upon signing, increases to $38 million on March 14, 2014, moves to $48 million in March 2015, and caps out at $54 million in March 2016.

The deal contains no signing bonus, creating a pay-as-you-go series of cap charges for the Bears, based only on his base salaries.

In 2014, Cutler will earn a base salary of $22.5 million. In 2015, the base salary is $15.5 million.  In 2016, it increases to $16 million.

After 2016, the deal becomes a year-to-year, no-cap-hit proposition, with salaries of $12.5 million in 2017, $13.5 million in 2018, $17.5 million in 2019, and $19.2 million in 2020.  In each of those four seasons, Cutler earns $156,250 for each game he appears on the active roster, for a maximum additional earnings of $2.5 million per year and $10 million over four.

Thus, he’ll get the full $126.7 million only if he’s on the active roster for every game from 2017 through 2020.”

View Comments