Chicago Bears QB Jay Cutler receives new deal

According to ESPN Chicago, Jay Cutler has signed a seven-year contract with the team.

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Although financial terms were not released, Cutler's deal is expected to eclipse the $17.6 million average the Detroit Lions gave Matthew Stafford in July. It also includes at least $50 million in guaranteed money, league sources told ESPN NFL Insider Adam Schefter.

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Explaining the thought process behind this deal, Bears general manager Phil Emery said Cutlers growth, leadership, and improvement under new Bears coach Marc Trestman were some of the reasons the team decided to give Cutler a new deal.