Rumors are about 16-18 mil in guarantees over 4 years. Anyone still think he was dumb to not sign 15 mil guarantees last year, or to not sign that 7.7 mil tender? Anyone still think he didn't he not have leverage?
This is a business folks, and for a guy that had no leverage he sure got closer to what he wanted then the 15 mil last year.
This is a great deal for both parties good for him.
The Chicago Bears and running back Matt Forte have agreed to terms on a four-year contract worth roughly $32 million, a league source told ESPN NFL Insider Adam Schefter.
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The Bears had placed their franchise tag on Forte in March and the sides had until 4 p.m. ET on Monday to strike a deal. Without a long-term deal, the Pro Bowl running back would have had to play the 2012 season under the $7.749 million tender or sit out the season.
Forte sprained the medial collateral ligament in his right knee early in a loss to Kansas City on Dec. 4 and sat out the rest of the season.
Without Forte and quarterback Jay Cutler, the Bears struggled down the stretch and finished third in the NFC North and missed the playoffs with an 8-8 record.
Forte still got selected to his first Pro Bowl, finishing with 1,487 yards from scrimmage and 997 rushing in his fourth season. He averaged 4.9 yards per carry. Forte was the first Chicago running back to make it to the Pro Bowl since Neal Anderson following the 1991 season.
Forte came into last season looking for an extension, but did not reach an agreement with the Bears. Information from The Associated Press contributed to this report.
Important to note: The last couple running back contracts (namely LeSean McCoy and Arian Foster) were five-year deals. With Matt Forte finalizing a four-year deal, his guaranteed money probably will be less than them. Foster and McCoy received $20.7 million in guarantees.