Though it’s hardly an Eli Manning/Philip Rivers blockbuster, quarterback Jay Cutler has landed a new deal after only five games as a member of the Chicago Bears.
News of the new contract comes from Jason La Canfora of NFL Network.
Per La Canfora, it’s a two-year extension of Cutler’s existing deal, which ran through 2011. The deal includes roughly $30 million in new money, and $20 million in guarantees.
We need to see the full deal before comparing it properly to other quarterback contracts. On the surface, however, it doesn’t seem like the kind of big-money package that should be paid to a guy who cost the Bears two first-round draft picks and, as it turns out, one of the best young quarterbacks in the league.