NFL bust Chad Kelly signs historic contract with Canadian Football League

Chad Kelly reset the quarterback market in the Canadian Football League this week after becoming the first million-dollar player in the league’s salary cap era. Kelly signed a five-year contract extension with the Toronto Argonauts earlier this week that is worth $5.55 million, according to multiple reports. Financial terms were not made available by the Argonauts following the official announcement. The former NFL draft pick could see the value of his deal go as high as $5,805,250 with bonuses, according to CTV News. Kelly was set to be a free agent after the current CFL season.