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Bears will exercise fifth-year option on OLB Leonard Floyd

Leonard Floyd's excellent second half of the 2018 season ensured that the Bears will pick up his fifth-year, 2020 option, GM Ryan Pace confirmed Monday at the club's season-ending news conference.

Floyd, the No. 9 overall pick in 2016, signed a four-year, $15.7 million rookie deal with a fifth-year team option, which for top-10 picks is equal to the transition tag at their position. Last season, the linebacker transition tender was worth $12.8 million, which could rise to around $14 million this offseason.

The Bears have until mid-May to officially exercise the option, guaranteeing Floyd's 2020 salary for injury only.