Bears sign QB Cutler to two-year contract extension

Jay Cutler agreed to a two-year contract extension with the Chicago Bears, a league source told NFL Network’s Jason La Canfora on Tuesday. The Bears later confirmed the deal and said it was signed.

The extension, which could keep the Bears’ new franchise QB in Chicago through 2013, includes about $20 million guaranteed and roughly $30 million in new money, according to the source.

Cutler came to Chicago in an offseason trade from Denver, where he became disgruntled with new Broncos coach Josh McDaniels.

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