Update:
Kimberly Jones reports that Brandon Marshall has passed his physical with the Jets making the trade with the Bears official.
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ESPN’s Adam Schefter, citing a league source, reports that the Chicago Bears have traded WR Brandon Marshall to the New York Jets.
- Albert Breer reports that the Jets are, in fact, sending a fifth-round pick to the Bears in return for Marshall.
- Ian Rapoport adds that the deal is still pending a physical.
- Aaron Leming first reported that Marshall was being traded to the Jets for a late-round pick.
- Jason La Canfora reports that the two sides had been discussing a trade for several days.
We’re still waiting to hear what the compensation will be for Marshall, but previous reports have said that the Bears were looking for a mid-round pick and could settle for a fifth-round selection.
This comes just a few minutes after Schefter had reported that the Bears have spoken to the Colts and Browns about Marshall.
Marshall, 30, still has another three years remaining on his four-year, $39.3 million contract that included $22.3 million guaranteed. He’ll make base salaries of $7.5 million (2015), $7.9 million (2016), and $8.3 million (2017) over the remainder of the contract.
Marshall will count $9.575 million against the team’s salary cap in 2015. According to OverTheCap.com, trading Marshall will free up $3.95 million in cap space while creating $5.62 million in dead money.
In 2014, Marshall caught 61 passes for 721 yards receiving and eight touchdowns for the Bears over the course of 13 games. His season was cut short after he sustained fractured ribs and a collapsed lung and was later placed on season-ending injured reserve.
Pro Football Focus has Marshall rated as the No. 26 receiver out of 110 qualifying players.
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