Carolina Panthers trade QB Teddy Bridgewater to Denver Broncos
The Carolina Panthers have traded quarterback Teddy Bridgewater to the Denver Broncos for a sixth-round pick in the 2021 NFL draft, it was announced Wednesday.
The Panthers will pay $7 million to Bridgewater; the Broncos will pay him $3 million, a source told ESPN's Adam Schefter.
"Acquiring Teddy Bridgewater adds competition, experience and a strong veteran presence to our quarterback room," Broncos general manager George Paton said in a statement. "He's a talented player and leader who's had success in this league in a number of different situations."
The trade will not take the Broncos, who have the No. 9 overall pick, out of the market for a quarterback in Thursday's draft, a source told ESPN.
Paton saw several of the top prospects in person at each of their pro days in recent weeks, and the Broncos had representatives at the second pro days for North Dakota State's Trey Lance and Ohio State's Justin Fields.
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Bridgewater, who signed a three-year, $63 million deal with the Panthers before last season, threw for 3,733 yards in 2020, with 15 touchdowns and 11 interceptions. By renegotiating the final two years of Bridgewater's deal, the Panthers will save $6 million in 2021 and $26 million in 2022, a source told ESPN's David Newton.
The financial concessions by the Panthers for the 2021 season were key to the deal. The Broncos largely sat out the quarterback derby during free agency, with Paton saying he didn't want to "force it and bring a guy in or overpay a guy to come in and he's not as good as the guy we have and maybe he's not good enough to compete.''
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Carolina had traded for former New York Jets starting quarterback Sam Darnold earlier this month, making this the second time that Bridgewater was traded after a team acquired Darnold: Bridgewater signed with the Jets in free agency and was then traded before the season after the Jets drafted Darnold.
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https://www.espn.com/nfl/story/_/id...-teddy-bridgewater-denver-broncos-source-says