The Panthers traded quarterback Teddy Bridgewater to the Broncos for a sixth-round pick, the team announced Wednesday.
Carolina will be paying the 28-year-old $7 million in 2021 while Denver will pay him $3 million, according ESPN's Adam Schefter. Wednesday's trade will not exclude the Broncos from the quarterback market on Thursday night, per Schefter.
The Panthers reportedly gave Bridgewater the green light to facilitate a trade after they acquired Sam Darnold at the beginning of April,, according to NFL Network's Ian Rapoport. Carolina gave up a sixth-round pick in the 2021 NFL draft along with second-round and fourth-round picks in 2022 in exchange for Darnold.