What Big Receiver Contracts Say for Bears Future at Position
Any confusion over why the Bears haven’t offered a contract extension to wide receiver Keenan Allen should now be clear.
They have something more important to worry about, like figuring out how to pay for a contract extension in 2025 for wide receiver DJ Moore.
It’s going to take a big chunk of the salary cap to keep Moore from being a free agent after all the cash being given out to wide receivers. It’s only going to get more expensive by then.
First, Nico Collins received a three-year, $72.75 million deal from the Texans. Then Miami’s Jaylen Waddle was given a three-year, $84.75 million contract.
Collins went over 481 yards last year for the first time with 1,297 yards and was over 37 catches for the first time with 80 receptions. He had eight TD catches, his first season over two TD catches. And he has a contract averaging $24.25 million, or $3.62 million a year more than the deal Carolina signed Moore to, which is the one the Bears count against their cap.
Waddle has stats slightly better than Moore’s while playing for a far better passing team than any of Moore’s Carolina or Bears teams. He has averaged 83.7 receptions for three seasons to Moore’s 76.7 receptions, 1,128.3 yards to Moore’s 1,094.2 yards and six TDs to Moore’s 4.83.
The Bears are down to $58.8 million available under the salary cap for 2025 according to Overthecap.com. Slice off two big salaries and prorated bonuses for veteran receivers from that amount and it just doesn’t work.
It doesn’t need to happen when they might have a budding star receiver in Rome Odunze.
The 2025 season will be a contract year for Kyler Gordon, Jaquan Brisker and several other veterans.
Getting a contract extension to a veteran like Allen should be less of a priority than getting one this year to guard Teven Jenkins, should they even want to retain him.
The most recent word on that came from Jenkins in an interview with WSCR’s Mark Grote earlier this month.
“We’re going to try to reach out to them here soon, but right now, we’re playing the waiting game,” Jenkins said. “I want to be a Bear for a long time. I still do. That has not change since I’ve been drafted, but we’re going to see how things unfold and how things play out and just take it day by day.”
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