The Carolina Panthers announced Wednesday they have traded quarterback Teddy Bridgewater to the Denver Broncos for a sixth-round pick. Broncos GM George Paton said in a statement: “Acquiring Teddy Bridgewater adds competition, experience and a strong veteran presence to our quarterback room.”
Carolina will be paying the 28-year-old $7 million in 2021 while Denver will pay him $3 million. The trade will not exclude the Broncos from the quarterback market on Thursday night.
The Panthers signed Bridgewater to a three-year contract worth $63 million before the 2020 season. Bridgewater was reportedly guaranteed $40 million in the first two seasons of the deal, but Wednesday’s trade eliminates the final year and $21 million of his contract in 2022. Bridgewater started 15 games for Carolina last season, throwing for 3,733 yards with 15 touchdowns and 11 interceptions.
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