Cutler Cashes In, Gets Contract Extension - NBC Chicago

Cutler Cashes In, Gets Contract Extension

Bears QB Inks Deal After Just 5 Games



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    Bears QB Inks Deal After Just 5 Games

    Well, that didn't take long. 

    The Bears are showing Jay Cutler the money.  And it's a nice chunk of change. 

    The 26-year-old QB gets an extension through 2013 worth $30 million with $20 million of that in guaranteed cash, according to several sources.

    The deal ranks Cutler fifth among the NFL's highest-paid quarterbacks behind Eli Manning, Peyton Manning, Tom Brady and Phillip Rivers.

    Cutler, 26, is still under contract through 2011 on his six-year, $47.86 million rookie deal signed with the Broncos. By obviating a 2011 lockout, Cutler gets an early chunk of change and the prospect, if things don't work out, of being on the open market as a veteran and still-young 30-year-old gunslinger.

    The deal also works well for the Bears.

    Cutler was due a $12 million roster bonus in 2011, but that money basically now goes to his contract. That gives them room to, presumably, build up players around their franchise QB.