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Chicago Bears risk losing millions by not renewing contract of key player

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Chris Lewis
June 29, 2024  (7:29 PM)
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Chicago Bears
Photo credit: Chicago Tribune

Chicago Bears face a high-stakes decision with Teven Jenkins' contract.

In a move that could shape their financial landscape and offensive line for years to come, the Chicago Bears are contemplating whether to extend Teven Jenkins' contract before the 2024 season kicks off. The talented lineman, drafted by former general manager Ryan Pace in the second round of the 2021 NFL Draft, could potentially save the team millions with an early contract extension. Yet, Jenkins' frequent injuries pose a substantial risk to this financial strategy.

Teven Jenkins: A High-Caliber Talent Hampered by InjuriesJenkins, whose prowess on the field is undisputed when fit, has only started in 24 out of the 31 games he has played over three seasons, sidelined often by back and calf issues. "When Jenkins is healthy, he's arguably the Bears' best offensive lineman," a notion that complicates the front office's task of valuing such a player. As reported by CCS, Jenkins has proactively sought to negotiate a new deal through his agents, yet the Bears have not extended an offer.

The Financial Implications of WaitingThe cost of inaction could be high. According to Kevin Fishbain of The Athletic, insights from two anonymous agents suggest Jenkins could command up to $20 million annually with a strong, healthy season in 2024. Currently, his market value hovers in the mid-teens�millions less due to his injury record. "Right now, a contract would still be in the teens (as far as millions per year), both said, because Jenkins has missed a lot of time."

The Bears' hesitation could either be a calculated gamble or a missed opportunity to lock down a cornerstone player at a reasonable price. With the 2024 season on the horizon, both the team and Jenkins find themselves at a critical juncture, where potential gains are weighed against the risks of further injuries.

This delicate balance of risk and reward continues to dominate discussions around Teven Jenkins' future with the Bears, showcasing the complex decisions teams must navigate in the high-stakes world of NFL contracts.

Source: chicitysportsReport: Chicago Bears risking millions of dollars by not extending Teven Jenkins now

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Chicago Bears risk losing millions by not renewing contract of key player

Do you agree with the Chicago Bears' decision to not extend their star player's contract, despite the financial risk?

Yes5457.4 %
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