In the last two weeks, I’ve outlined both what the Bears need to add at WR this off-season and what players in free agency should fit that profile/the new offense. At the end of that work, I came up with the following two lists, suggesting that the Bears work to sign one player from each group.
Tier 1 (750+ yard receivers)
Marqise Lee, Jordan Matthews, Mike Wallace, Emmanuel Sanders (if cut)
Tier 2 (500+ yard receivers)
Albert Wilson, Kendall Wright, John Brown, Taylor Gabriel, Paul Richardson, Jaron Brown
Now I want to look at what types of contracts those players should expect in free agency to see how expensive these moves would likely be for the Bears. In order to do that, you need to compare the contracts signed by similar players (in both age and past production) who hit free agency in recent years. This gives you a general baseline for the ballpark a new contract should probably be in, though of course there are no guarantees this is exactly how it works out.
In an effort to be as accurate as possible, I also accounted for inflation, since the cap keeps going up every year. It’s jumped by about $10 million a year every year since 2015, and is expected to do the same again this year. Thus the comparable contracts were multiplied by the following scaling factors to get the predicted value, depending on when they were signed (some slight adjustments were made for greater/worse production):
- 2015: 1.24
- 2016: 1.15
- 2017: 1.07