After four years of trouble, the Chicago Bears closed Cairo Santos with a several-year contract extension that keeps him in Chicago until 2023.
The Bears agreed to pacts with Santos in a five-year deal worth $ 16 million with a mx value of $ 17.5 million, but the last two years of the Santos deal are voidable, so in it is actually a three-year deal worth $ 9 million with a maximum value of $ 11 million.
But how does the extension of Santos ’contract affect Chicago’s salary cap situation by 2021?
Prior to Santos ’extension, the Bears were about $ 17 million, according to Over the Cap. This after Chicago placed the franchise label on receiver Allen Robinson, which left him with a $ 17.9 million limit. Santos ’cap in 2021 will be $ 1.575 billion, which means Santos’ extension puts the Bears $ 19.2 million above the limit before the new league year.
The NFL agreed on a $ 182.5 million salary cap for 2021, leaving the Bears a maximum of $ 190 million after last year. Which will still make things difficult for CEO Ryan Pace, with nearly $ 20 million in Chicago.
Other things we can expect over the next few days to help with the boundary situation are the contract restructurings, where players like safety Eddie Jackson and left guard Cody Whitehair make more sense. With cornerback Buster Skrine and right fielder Bobby Massie already suffering casualties, it would come as no surprise to see Chicago parting ways with more players before March 17, including Jimmy Graham, left fielder Charles Leno Jr. . receiver Anthony Miller.