The Denver Broncos acquired quarterback Teddy Bridgewater from the Carolina Panthers on Wednesday in exchange for a sixth-round pick in the 2021 NFL Draft.
Per the NFL Network, the Panthers will pay $7 million and the Broncos will pony up $3 million as part of the restructured contract to finalize the deal.
Bridgewater, 28, will vie for the Broncos’ starting job with Drew Lock, Brett Rypien and Jeff Driskel are also in the quarterback room.
“Acquiring Teddy Bridgewater adds competition, experience and a strong veteran presence to our quarterback room,” Broncos general manager George Paton said in a statement. “He’s a talented player and leader who’s had success in this league in a number of different situations. Being familiar with Teddy from Minnesota, he’s going to compete and do everything he can to help us win.”
Denver has the No. 9 pick in the draft, which begins on Thursday.
Teddy Bridgewater One-And-Done In Carolina
The Panthers reportedly informed Bridgewater earlier this month that he can seek a trade following the team’s acquisition of quarterback Sam Darnold from the New York Jets. Carolina also has quarterbacks Will Grier, P.J. Walker and Tommy Stevens on its roster.
A former first-round pick, Bridgewater signed a three-year, $63 million deal with Carolina in March 2020 and started 15 games for the Panthers. He threw for 3,733 yards with 15 touchdowns and 11 interceptions for the Panthers, who went 4-11 in those games.
The Panthers hold the eighth overall pick in the draft Thursday.
Bridgewater has thrown for 11,385 yards with 53 touchdowns against 36 interceptions in 59 career games with the Minnesota Vikings, New Orleans Saints and Panthers. He has also rushed for 713 yards and nine touchdowns.
Lock, 24, is 8-10 as a starter through two seasons, completing 59.1 percent of his passes for 3,953 yards with 23 touchdowns and 18 interceptions.
–Field Level Media (@FieldLevelMedia)