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Panthers trade Teddy Bridgewater to Broncos for sixth round pick

The Panthers have traded Teddy Bridgewater to the Broncos for a sixth round pick in the upcoming 2021 NFL Draft, according to a report from Jonathan Jones.

Can confirm the Panthers are sending Teddy Bridgewater to Denver for a sixth-round pick. This should effectively take the Broncos out of the QB race at pick No. 9. A Bridgewater-to-DEN trade has been expected for weeks.

— Jonathan Jones (@jjones9) April 28, 2021

NFL insider Adam Schefter adds that the Panthers will pick up $7 million of the $10 million owed to Bridgewater, while the Broncos will pay the additional $3 million.