Caleb Williams, the number one overall pick in the 2024 NFL Draft, has signed his four-year rookie-scale contract with the Chicago Bears. Spotrac revealed that his fully guaranteed deal has a $39.4 million price tag, including a $25.5 million signing bonus. Likewise, his deal comes with a fifth-year option that the Bears can exercise.
Williams will receive a $795,000 base salary and count for $7.1 million against the salary cap in 2024. Those amounts will grow to $1.19 million and $12.5 million in 2027. Meanwhile, Williams will get the following roster bonuses: $1.6 million in 2025, $3.3 million in 2026, and $4.9 million in 2027.
Done deal. pic.twitter.com/BCJswKcfgf
— Chicago Bears (@ChicagoBears) July 17, 2024
-Lance Fernandez