CHARLOTTE, NORTH CAROLINA - JANUARY 03: Quarterback Teddy Bridgewater #5 of the Carolina Panthers looks to pass during the first quarter of their game against the New Orleans Saints at Bank of America Stadium on January 03, 2021 in Charlotte, North Carolina. (Photo by Jared C. Tilton/Getty Images)
The Carolina Panthers sent veteran quarterback Teddy Bridgewater to the Denver Broncos in exchange for a sixth-round pick.
“Acquiring Teddy Bridgewater adds competition, experience and a strong veteran presence to our quarterback room,” Broncos general manager George Paton said in a statement.
The Panthers will pay the 28-year-old quarterback $7 million in 2021 while the Broncos will pay him $3 million, according to ESPN’s Adam Schefter.
“Panthers are trading QB Teddy Bridgewater to the Broncos for a sixth-round pick, as Tom Pelissero reported. Panthers paying Bridgewater $7 million, Broncos paying him $3 million, per source. Trade does not take Denver out of QB market Thursday night, per source,” read Schefter’s tweet.
Subscribe to our free weekly newsletter!
A week of sports news in your in-box.
We find the sports news you need to know, so you don't have to.
According to NFL Network’s Ian Rapoport, Carolina reportedly gave Bridgewater the “okay” to facilitate a trade after the team acquired Sam Darnold from the Jets at the beginning of April. The Panthers sent a sixth-round pick in the 2021 NFL Draft, plus a second-round pick and a fourth-round pick in 2022 for Darnold.
Prior to the 2020 season, the Panthers signed Bridgewater to a three-year contract worth $63 million. Bridgewater was reportedly guaranteed $40 million over the first two seasons of the deal. However, Wednesday’s trade eliminates the final year and $21 million of his contract in 2022, according to 9News Denver’s Mike Klis.
In 2020, Bridgewater started 15 games for the Panthers. He finished the season with 3,733 passing yards, 15 touchdowns and 11 interceptions. The Panthers went 4-11 in games that he started.
Jakob Butturff, an eight-time Professional Bowlers Association Tour champion who called Arizona home, died unexpectedly…
The San Francisco 49ers have confirmed that wide receiver Ricky Pearsall will undergo season-ending surgery…
Dillon Brooks has never been shy about the rivals he's made around the NBA, but…
Billy Ray Smith Jr., the College Football Hall of Fame linebacker who became one of…
Taysom Hill's nine-year run in the New Orleans Saints is over. The versatile utility man…
The WNBA found itself in an awkward spot Wednesday night after posting — and then…