Bears Release Former 1st-Rounder Guaranteed $4.5 Million

After spending about the last year trying to maximise guard Alex Leatherwood's first-round potential, the Chicago Bears are cutting their losses with him.

The Bears cut Leatherwood on Sunday in their first round of transactions to reach the 53-man roster limit, according the team's official transaction wire for August 27. 

 Additionally, they released undrafted rookie offensive tackle Gabe Houy with an injury designation and cut experienced backup quarterback P.J. Walker.

When the Las Vegas Raiders, who had initially selected Leatherwood at No. 17 overall in 2021, dropped him during their 53-man roster cutdown, the Bears took a chance on him.

However, Leatherwood played just 43 snaps across four appearances and was largely inactive on game days in 2022. 

The roughly $4.59 million in guaranteed money that Leatherwood is still owing as part of the four-year, $14.4 million rookie contract will be covered by the Bears. 

When they claimed him last year, the Bears took on the deal as part of the risk.

Before the cutoff time of 4 p.m. ET on Tuesday, August 29, the Bears and the other NFL teams must complete reducing their 53-man rosters.

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