Here’s where the Chicago Bears’ cap space stands after signing Caleb Williams, Rome Odunze

The Bears signed rookies Caleb Williams and Rome Odunze to their first NFL contracts on Tuesday, completing the team’s 2024 NFL Draft class.

With that, they completed the last, important components of their offseason acquisitions. So, where does the Bears’ cap room stand following the signings? Here’s a glance at the stats from Spotrac.

The Bears presently have around $12.3 million in cap space, according to Spotrac’s stats. This gives them the 20th-largest cap space in the NFL. That’s a dramatic contrast to the days when the Bears had astronomical sums of money in the shape of $100 million last summer.

It implies the Bears are finally on track to be a competitive team. Williams and Odunze join an offense that already includes DJ Moore, Keenan Allen, and D’Andre Swift.

Williams’ $7.1 million cap charge from his four-year, $39 million contract now ranks as the Bears’ tenth greatest cap hit. Odunze’s $4.1 million Year 1 cap hit ranks as the 16th greatest for the Bears in 2024.

The Bears are unlikely to be active, as rookies arrive to training camp on Tuesday. Veterans report Friday, and practice begins Saturday. This is when the Bears start to gel and meld together.

But who knows if they’ll fix their weak area across from Montez Sweat on the opposite edge? That explains why they still have $12 million in cap space, right?