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Jay Cutler Signs Big Money Extension With Bears

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Update

Trade Allowed Bears To Sign Cutler

If it wasn’t for the recent Gaines Adams trade, the Bears may not have been able to offer Cutler a new contract:

From a value standpoint, giving up a second-round draft choice is a truly valuable asset to give up, and personnel people can debate the value of Adams against a 2010 second-round pick. The financial terms, however, skew toward Chicago, which acquired an extremely reasonable contract — the bulk of the money having been paid by the Bucs — for a prime position on the team and hedging against paying their existing defensive ends a high market value.

The Bears will need their money. If Jay Cutler progresses as expected, they’re looking at rewarding him with an APY (average per year) of $15M and a guarantee over $30M, based on recent deals by Matt Cassel, Philip Rivers and Eli Manning.

Original Story

Jay Cutler Signs Big Money Extension With Bears

Per the NFL Network's Jason La Canfora, Chicago Bears quarterback Jay Cutler just got paid. Like, really, really paid:

Jay Cutler agrees to two year contract extension with Bears good through 2013. An NFL network/nfl.com exclusive. [...] Jay cutler's deal includes $20 million in guaranteed money and roughly $30 million in new money. We'll continue to report it on NFLNetwork

There's not much mystery here: Jay Cutler is without question the best Bears quarterback the franchise has seen in decades. Even with two ugly games under his belt -- a Week 1 four-interception mess against the Packers and this Sunday's turnover-heavy loss to the Falcons -- Bears fans would concur. And if you think Bears fans swoon over quality quarterbacking, it's not much different in the front office. Everybody loves Jay.

Whether Cutler is worth this much money is probably up for debate, but this is the way of the NFL in the year 2009. Good quarterbacks get paid. They get paid lots. Like we said, not much mystery here.

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