Here’s how the Bears are freeing up $23M in salary cap space ahead of free agency

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Alyssa Barbieri
·1 min read
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One of the biggest struggles for the Chicago Bears this offseason was navigating the decreased salary cap, which was settled at $182.5 million following financial losses due to the COVID-19 pandemic.

With cap rollover from the 2020 season, the Bears have $190 million to use in 2021. Still, entering Saturday, Chicago was roughly $19 million over the salary cap, which factors in the signing of kicker Cairo Santos and wide receiver Allen Robinson’s franchise tag.

In a move that doesn’t come as much of a surprise, the Bears are restructuring some contracts to free up a good chunk of cap space ahead of the start of the new league year on Wednesday.

According to ESPN’s Adam Schefter, the Bears will be saving $23 million in cap space by converting the 2021 base salaries of Khalil Mack, Eddie Jackson and Cody Whitehair into signing bonuses.

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