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Bears restructure Kmet, Jackson contracts to free cap space

The Chicago Bears restructured contracts for Cole Kmet and Jonah Jackson during the first-round of the 2026 NFL Draft, freeing $10.375 million in cap space.

Chicago Bears general manager Ryan Poles during the first-round of the 2026 NFL Draft [Yahoo Sports]
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dailyloe.com – The Chicago Bears made waves during the first-round of the 2026 NFL Draft by selecting Oregon safety Dillon Thieneman with the 26th overall pick. However, it wasn’t the only move that Bears general manager Ryan Poles made on Thursday night to help out the team’s immediate future. Lost in all of the commotion of the first-round frenzy, the Bears restructured two contracts to create much-needed cap space before focusing on the rest of the draft.

Chicago reworked the deals for right guard Jonah Jackson and tight end Cole Kmet, freeing up $10.375 million in cap space. Prior to those two moves, Chicago had under a million in cap space and desperately needed to make a move before being able to sign the 2026 draft class. Here’s the breakdown for both players.

With Jackson, the Bears converted $13.5 million of his salary into a bonus, reducing his cap number by $6.75 million to $12.75 million. However, that money gets pushed into 2027, raising his cap next year to $23.75 million. As Jason Fitzgerald of OTC noted, Jackson’s 2027 hit will likely be adjusted with an extension saying he plays well in 2026.

As for Kmet, the team’s longest-tenured offensive player noted earlier this week that the top decision-makers confirmed he’ll be back in 2026 during his end of season meeting. To show that, the Bears converted $7.65 million of his 2026 salary into bonus, reducing his cap number to $7.775 million. In 2027, his cap number next season is raised to $15.425 million, which will also be the final year of his contract. So, if he continues to step up alongside Colston Loveland, perhaps he’s extended as well in 2027.

Restructuring someone was a given. The author expressed shock that the Bears opted to rework the deals for these specific two players considering they’ll now be due for another deal in 2027, saying they remain in the long-term plans. Over the next 12 or so months, the Bears will already have to account for new extensions for quarterback Caleb Williams, right tackle Darnel.

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Staff writer at DailyLoe, focusing on international news, politics, and global affairs. With a strong interest in current events and in-depth reporting, he delivers accurate and timely stories to keep readers informed.

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