In an attempt to obtain special clauses in his rookie contract with the Bears, quarterback Caleb Williams got crafty and inventive. Bears were unmoved in the end. Finally, Williams signed a very normal contract, according to a person with knowledge of the circumstances. Williams will receive the full amount of his signing bonus in the next 15 days, though.
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Regarding the possible nullification of future assurances, the agreement uses simple, everyday language. The deal also includes offset language, meaning the Bears would receive a dollar-for-dollar offset for any salary Williams would have made with a new team if he were cut with years left on his fully-guaranteed contract. Williams attempted, as PFT has previously revealed, to convince the Bears not to utilize the franchise tag when the contract expired. 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.
