• Fri. Sep 20th, 2024

BREAKING NEWS: Caleb Williams ultimately agreed to a largely conventional contract Worth…

Caleb Williams ultimately agreed to a largely conventional contract Worth…

Caleb Williams, the quarterback for the Bears, used his creativity and inventiveness to negotiate special clauses in his rookie contract. The Bears stood their ground in the end.

As per an informed source, Williams ultimately agreed to a rather conventional contract.

Williams, however, will receive his whole signing bonus in a span of 15 days.

The agreement includes standard wording about the possible nullification of future commitments. Additionally, the contract has offset language that gives the Bears a dollar-for-dollar offset for whatever Williams might make with a new team if he is cut with years left on his fully-guaranteed contract.
Williams attempted to convince the Bears not to use the franchise tag after the contract expired, as PFT has previously reported. The Bears said no. Williams also made an effort to devise payment plans that would have produced a more advantageous tax outcome. Once more, the Bears refused to comply.

It’s unclear if a more seasoned and successful agent could have performed more effectively. The athlete would be worth millions of dollars if an agent could convince a team not to utilize the franchise tag. This is because the team would be unable to squat on the player’s rights with a one-year contract that is much below market value.

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