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Jay Cutler Traded to Chicago

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Mile High Report just got word from the Broncos that Jay Cutler has been traded to the Bears.  The Broncos sent out a brief press release, and details of the trade aren't available yet since the deal isn't completely official yet.  More to come.

UPDATE: Here are the details of the trade:

To acquire Cutler, the Bears had to give up quarterback Kyle Orton and first-round picks in 2009 and 2010, along with a third-round pick in 2009.

To complete the trade, the Broncos had to give back a fifth-round pick in 2009.

That is quite the package, and based on Tom Lewand's comments that I posted earlier today, the Lions weren't willing to give up quite that much, nor did they have a decent QB to give the Broncos in return.