The New Orleans Saints lost backup quarterback Teddy Bridgewater to the Carolina Panthers, with the 27-year-old passer expected to sign a three-year, $63 million contract as a free agent. ESPN’s Dan Graziano first reported the details on Bridgewater’s agreed-upon deal.
Carrying a $15 million signing bonus and $40 million in guarantees over the first two years, Bridgewater will also earn base salaries of $8 million in 2020, $17 million in 2021, and $20 million in 2022. He also has the typical workout and roster bonuses you’ll find in most NFL contracts.
A $21 million annual take is a nice payday for Bridgewater, and it will qualify the Saints for a third-round draft pick in 2021 should they remain quiet in free agency.