Flagship contract · QB
Caleb Williams: The cheapest franchise QB in the division, for now
What's a backload score?
The biggest cap hit left on the deal divided by this season's cap hit, from one reported schedule. 1.0x is flat; 3x means the bill triples later. Restructures and void years push it up.
4-year, $39.545M rookie deal (July 2024), fully guaranteed, with a $25,537,132 signing bonus. The fifth-year option for 2028 is the team's call.
Calculated from ProFootballTalk's reported terms: signing bonus proration plus roster bonus plus base salary. The 2026 figure matches Bears Wire's $10.76M.
1.2x: his peak cap hit (2027, $12.6M) is 1.2 times his 2026 cap hit ($10.8M).
- He costs about $10.8M in 2026, against $36M+ for Love and $37.6M for Goff.
- The big raise comes with an extension, which could arrive as soon as after this season.
The GM view: Chicago's cap edge is the rookie QB deal. It ends soon, and the next contract will look nothing like this one.
Sources: ProFootballTalk (Mike Florio), 'Inside the Caleb Williams deal', July 19, 2024 · Bears Wire, 2026 cap hits, March 9, 2026