Chicago Bears rookie quarterback Caleb Williams has signed a four-year, fully guaranteed contract which is worth $39 million. The deal includes a fifth-year option and a $25 million signing bonus according to CBS Sports lead NFL insider Jonathan Jones.
Both first-round picks for the Bears, Caleb Williams and former Washington Huskies receiver Rome Odunze, both signed deals right on time before training camp starts.
The Bears and the Houston Texans are the first teams to begin training camp before facing each other in the annual NFL Hall of Fame Game in Canton, Ohio, on August 1.
Williams, by waiting until reporting day to sign, raised some eyebrows, especially because he didn’t have an NFL Players Association-certified agent representing him. That meant that the Bears and Williams needed to negotiate directly, by NFL rule. Williams said he had his lawyers handling it, but the Bears said they were following NFL rules and negotiating only with Williams.
The 2022 Heisman Trophy winner at USC, Williams is one of the most talented quarterbacks to enter the NFL in recent years, and the Bears hope he’s going to be with them for a long longer than just his rookie contract.
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