Yates writes that the move will create $11MM of cap space “by converting $13M of Khalil Mack’s base salary & roster bonus into a signing bonus.” It’s a win-win as Mack will get more money upfront, while the team will have some added flexibility. The $13MM will now be spread out over the course of Mack’s contract for cap purposes .
Yates also notes that the Bears are positioning themselves to make more moves in free agency. They signed cornerback Buster Skrine and made a couple of other minor moves like signing running back Mike Davis and re-signing tight end Ben Braunecker, but it sounds like they’re still looking to make a big splash.
So far the story of Chicago’s offseason has been departures rather than acquisitions. Safety Adrian Amos left for the division rival Packers, while cornerback Bryce Callahan is expected to sign elsewhere. It’ll be very interesting to see what the Bears decide to do with this extra cash.
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