Exploring the Intricacies of the Montez Sweat Deal
The Chicago Bears traded for defensive end Montez Sweat without immediately signing him to a new deal. However, they quickly reached an agreement on an extension. The contract includes a $20.426 million signing bonus and fully guaranteed salaries for 2023, 2024, and 2025. The deal also includes workout bonuses each year and a base salary of $18.9 million in 2027. Within 30 days of signing, Sweat will receive $9.875 million of the signing bonus, with another $9.875 million and additional payments due in 2024. The contract has a total value of $105 million and a new-money average of $24.5 million.
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