Almost a month into the free agency period, the level of talent still available on the open market has significantly dropped off.
ESPN's Adam Schefter reported Friday that the #New Orleans Saints had signed wide receiver #Cameron Meredith to an offer sheet.
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The Bears were swift to match the offer sheet Kyle Fuller signed with the Green Bay Packers. They could have instead gone with a second-round tender that would have paid him $2.9 million and virtually eliminated the chance of an offer sheet.
However, the team has made a strong effort in keeping him aboard placing the lowest tender on him this offseason. A former Illinois State quarterback, Meredith signed as an undrafted free agent in 2015. In two seasons in Chicago, Meredith has 77 receptions, 1,008 receiving yards and 4 touchdowns.
Meredith visited the Saints, Colts and Ravens in recent weeks. The Bears now possess more than enough salary cap space to match the offer sheet with just more than $31 million at their disposal. With new receivers Allen Robinson and Taylor Gabriel in the fold, however, the Bears could decide to let Meredith walk.