A sensible depth retention move that keeps continuity in Chicago's defensive backfield. Five reports confirmed the re-signing, signaling a quiet but uncontroversial transaction league-wide. Jones has shown enough reliability to earn another one-year deal as a rotational contributor. Bears fans appreciate the familiarity but question if Jones can develop into a true starter. He'll likely compete for snaps in a crowded secondary with modest upside heading into 2024.
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Contract Value Index (CVI)
B+
Good Value
OverpayFair ValueGreat Value
This signing grades out as a reasonable signing for the Chicago Bears — the team is getting significantly more on-field production than what they're paying for. Jaylon's on-field performance ranks in the upper half among NFL DBs, grading him as a solid starter at the position. His $4.0M average annual value ranks as below-market money for the DB market. The production-to-cost ratio is favorable — solid starter output at a below-market price point represents solid asset management. Jaylon is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract. The one-year deal minimizes the team's financial risk, effectively making this a prove-it contract.
Contract Details
Length
1 year
Total Value
$4.0M
AAV
$4.0M
Guaranteed
$3.0M
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