Why haven’t Caleb Williams and Rome Odunze signed their rookie contracts?

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Why haven’t Caleb Williams and Rome Odunze signed their rookie contracts? originally appeared on NBC Sports Chicago

It’s been nearly a month since the Bears drafted Caleb Williams and Rome Odunze with the No. 1 and No. 9 picks in the 2024 NFL Draft, respectively. They’ve already completed rookie minicamp and have since participated in OTAs (Offseason Team Activities).

So, why haven’t either of them signed their respective rookie contracts?

No need to worry. It’s common for rookies and teams to take some time for their deals to get done.

Only two of the 2024 NFL Draft’s top-10 picks have signed their respective rookie contracts (Giants’ Malik Nabers and Titans’ JC Latham), as of this writing.

As it pertains to the Bears, 2023 first-rounder Darnell Wright signed his rookie deal on May 15; 2021 first-rounder Justin Fields signed his rookie contract on June 10; 2016 first-rounder Leonard Floyd signed his rookie contract on May 27.

Roquan Smith held out of his rookie contract negotiations during his rookie offseason. However, that situation was an outlier. Smith was fighting for payment in the scenario he’s suspended because of the NFL’s newly added helmet-to-helmet contact penalty.

Remember, as it pertains to rookie contracts, NFL rookies are strapped to their allotted money from the rookie contract pool set every season. Rookies and teams are not allowed to go over the allotted money assigned to their respective positions and pick in the draft, as the NFL Collective Bargaining Agreement (CBA) states.

For Williams, Spotrac projects he will sign a four-year deal worth $39.4 million, including a $25.8 million signing bonus. (Remember, signing bonuses are included in the total contract value and cannot exceed the maximum allotted amount to that respective player’s contract.)

Spotrac projects Odunze to sign a four-year contract worth $22.7 million, including a $13.3 million signing bonus. Both Williams’ and Odunze’s contracts will have fifth-year options based on their statuses as…

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Source link : https://sports.yahoo.com/why-havent-caleb-williams-rome-232331690.html

Author : NBC Sports Chicago

Publish date : 2024-05-22 23:23:31

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