Teddy Bridgewater Panthers
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Panthers deal Teddy Bridgewater to Broncos

The Panthers traded quarterback Teddy Bridgewater to the Broncos for a sixth-round pick, the team announced Wednesday.

“Acquiring Teddy Bridgewater adds competition, experience, and a strong veteran presence to our quarterback room,” Broncos GM George Paton said in a statement.

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Carolina will be paying the 28-year-old $7 million in 2021 while Denver will pay him $3 million, according to ESPN’s Adam Schefter. Wednesday’s trade will not exclude the Broncos from the quarterback market during Thursday night’s draft, per Schefter.

The Panthers reportedly gave Bridgewater the green light to facilitate a trade after they acquired Sam Darnold at the beginning of April,, according to NFL Network’s Ian Rapoport. Carolina gave up a sixth-round pick in the 2021 NFL draft along with second-round and fourth-round picks in 2022 in exchange for Darnold.

 

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The Panthers signed Bridgewater to a three-year contract worth $63 million before the 2020 season.

Bridgewater was reportedly guaranteed $40 million in the first two seasons of the deal, but Wednesday’s trade eliminates the final year and $21 million of his contract in 2022, per 9News Denver’s Mike Klis.

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