The Chicago Bears have signed tight end Josh Hill to a three-year offer sheet. There is no word just yet on the value of the deal for Hill. The New Orleans Saints have five (5) days to respond to the offer. If they match the offer, Josh Hill will remain a New Orleans Saints because the Saints have a right of first refusal meaning if they match Hill has to remain with the club. Hopefully, the Saints will be able to match the offer.
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.
Josh Hill would be an integral part of any three (3) tight end set the Saints would want to use and have used this formation successfully in the past. It also would mean a commitment to a player who has shown promise but has not yet been given enough time (in my opinion) in the first team rotation to realize his promise.
Currently, the Saints are in a tight financial squeeze against the cap, and the financial details of the James Laurinaitis contract are not yet known. The Chicago Bears and Ryan Pace are playing it perfectly to poach Josh Hill with the financial difficulty the Saints presently find themselves in absent a new deal with Drew Brees. Monies could be found elsewhere in restructuring contracts with Thomas Morestead and others but one has to wonder if this has not already taken place to provide room for Laurinaitis. Brees’s contract lies out there like a ticking time bomb.