- According to ESPN’s Adam Caplan, the Bears’ offer sheet to Hill is a three-year deal worth a maximum of $7.5 million and includes $3.25 million guaranteed.
The Saints used just a low-round tender on Hill a few weeks ago, which gave them the right of first refusal on any contract offers he would receive. However, if they elect to not match an offer sheet, New Orleans would not receive any compensation for him.
The Saints are in a tough cap situation right now, so it’s very possible that they could lose Hill to the Bears.
Hill, 25, wound up signing on with the Saints as an undrafted free agent out of Idaho State back in 2013. He was expected to be a breakout player for New Orleans after they traded Jimmy Graham to the Seahawks, but he was largely overshadowed by veteran TE Ben Watson.
In 2015, Hill appeared in all 16 games for the Saints and recorded 16 receptions for 120 yards receiving and two touchdowns. Pro Football Focus has him rated as the No. 41 tight end out of 67 qualifying players.