Broncos News: Teddy Bridgewater Contract Details Revealed

After making a big splash to acquire Teddy Bridgewater from the Carolina Panthers ahead of the 2021 NFL Draft, the Denver Broncos solidified another win with his contract. Bridgewater and the Broncos agreed to a restructured deal, per NFL insider Tom Pelissero, and this deal is very team-friendly to say the least.

#Broncos QB Teddy Bridgewater’s revised contract:

$7,062,500 signing bonus (paid by #Panthers)
$4,250,500 salary ($3M fully guaranteed)
$187,000 in per-game active bonuses

Total: 1 year, $11.5M (Denver pays $4,437,500)

2022 deleted, so Bridgewater can be a free agent in March
— Tom Pelissero (@TomPelissero) May 5, 2021

Teddy Bridgewater Contract

Per the new terms of his contract, Bridgewater is set to receive $11.5 million for the remaining year on the deal. Denver understands that Bridgewater may not be the long-term solution under center but that's a reasonable figure for an average quarterback.

The best part of this restructured deal involves Bridgewater's former team, the Carolina Panthers. Denver will only owe less than half of this $11.5 million with the Panthers set to pay his $7 million signing bonus.

This one-year deal also leaves Bridgewater in control of his own destiny. His 2021 performance will dictate his next contract and it's up to the six-year veteran to earn his next paycheck. Bridgewater started 15 games for the Panthers last season while throwing for 3,733 yards, 15 touchdowns and a 92.1 rating.

If Bridgewater enjoys a successful 2021 campaign, that's great for the Broncos. If not, it's really no harm, no foul with this team-friendly contract. At the end of the day, it's still a potential upgrade from the underwhelming performances of Drew Lock.

As it stands, FanDuel Sportsbook gives Denver +480 odds to win the AFC West crown.

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Adam Taylor McKillop is not a FanDuel employee. In addition to providing DFS gameplay advice, Adam Taylor also participates in DFS contests on FanDuel using his personal account, username atmckillop. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.