Earl Bennett Contract Extension: 4-Year Deal Worth $18 Million

Chicago Sun-Times beat reporter Sean Jensen is reporting the Earl Bennett contract extension is worth $18M dollars total, with $9M in guaranteed money. With a base salary averaging about $2.25M per year, the new contract would make Bennett the Bears' highest paid wide receiver in 2012 according to Spotrac's salary data.

If Bennett meets all the incentives in the extension (which would likely require Pro Bowl-type seasons), he would earn close to $4.5M, which would put him in the top 10 receiver salaries this year, but still far behind the likes of Miles Austin ($8.5M), Calvin Johnson ($8.9M), and Larry Fitzgerald ($20.0M).

According to Jensen, the new contract was pursued by mutual interest between Bennett and the Bears organization:

"I's home, man," Bennett said of Chicago. "The organization has been loyal to me, and I want to be loyal to them. They had the first shot at it."

For more on the Chicago Bears, check out Windy City Gridiron, an SB Nation blog dedicated to the Monster of the Midway. For more updates around the NFL, head to SB Nation Pro Football.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.