Bears will release QB Glennon
The Chicago Bears will release quarterback Mike Glennon when the new league year starts March 14, the team announced Wednesday.
Glennon was just one season into a three-year, $45 million contract signed last offseason after the team let Jay Cutler go. He lost his starting job to rookie Mitchell Trubisky during the season.
"With the quarterback position, I have no regrets in us being aggressive in attacking that position; it's that important," Bears general manager Ryan Pace said on Wednesday. "We all felt confident in Mike, and sometimes in our business, things don't work out."
Glennon started the first four games, completing 66.4 percent of his passes for 833 yards and four touchdowns. He also had five interceptions and three fumbles in the Bears' 1-3 start.
Glennon would have made $12.5 million guaranteed in 2018. Instead, the Bears will get out of the deal with a $2.5 million payout for the quarterback's roster bonus and gain about $10 million in cap space.
Including the money saved by cutting Glennon, the Bears have created approximately $25 million in cap space by releasing defensive lineman Willie Young, linebacker Pernell McPhee and safety Quintin Demps.
-- Field Level Media
