Justin Fields just got paid.
The former Buckeye quarterback agreed to terms with the Bears on Thursday morning, signing his rookie deal with Chicago. Fields' deal is a fully guaranteed four-year contract worth $18,871,952 that includes a $11,085,056 signing bonus.
The #Bears agreed to terms with first-round pick Justin Fields on a fully guaranteed four-year, $18,871,952 contract that includes a $11,085,056 signing bonus, per source.— Tom Pelissero (@TomPelissero) June 10, 2021
The $18.9 million contract will be the largest deal ever signed by a Buckeye quarterback, topping Dwayne Haskins' $14.37 million rookie deal with Washington back in 2019.
It used to be commonplace for contract negotiations for draft picks, particularly first-round picks like Fields, to drag into the summer as players negotiated for more money. Since the NFL implemented a rookie wage scale for draft picks in 2011, however, contracts are typically signed quickly unless there are disagreements over guaranteed money or specific contract language.