NEWSLETTER
The fine folks at Pro Football Focus are grading every significant free agent signing on an ongoing basis, which, for the Bears so far, includes last night’s one-year, $4 million deal for wide receiver Kendall Wright (“B”), Friday’s one-year, $7 million deal for cornerback Prince Amukamara (“C”), and, of course, the big Mike Glennon signing.
Glennon received a three-year, $45 million deal, with $18.5 million guaranteed. As we’ve discussed, the limited guarantee and the structure of the contract (almost all of the guaranteed money comes in the first year) makes it a very attractive contract, and PFF agrees, giving the signing a “B.” For starting quarterbacks, the floor in the NFL is just about $15 million annually, and this deal gives the Bears a low-risk, short-term opportunity to see if Glennon can be that guy. The Brock Osweiler deal, this is not.
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As for the other graded contracts, you’ll see some familiar faces up top, with Alshon Jeffery’s one-year, $14 million deal netting an “A” for the Eagles. A.J. Bouye’s five-year, $67.5 million deal with the Jaguars ($26 million guaranteed) also gets an “A,” but Stephon Gilmore’s five-year, $65 million deal with the Patriots ($40 million guaranteed) far outpaced PFF’s projected value for Gilmore, and thus the deal is a “C.” Maybe the Bears were onto something by limiting their offer.
