Chicago signed two of their draft picks yesterday, 5th rounder Jordan Mills and 7th rounder Marquess Wilson. As projected the two players received signing bonuses of $164,800 and $47,148 respectively. The net cap hit for the Bears is only $52,987 since neither has a salary cap figure that displaces a current player in the teams top 51. The Bears currently have just under $3 million in official salary cap space.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.