Veteran quarterback Matt Nichols signs with Ottawa Redblacks

Veteran CFL quarterback Matt Nichols has signed with the Ottawa Redblacks.

It’s a two-year contract for Nichols in the nation’s capital through the 2022 season, which includes a $200,000 report and pass bonus with the chance for him to make $317,000 in hard money in 2021. His base salary is $105,000 with $12,000 possible in housing payments on a per game basis.

Nichols spent four seasons with the Winnipeg Blue Bombers where he worked alongside Paul LaPolice, who is now the head coach with the Redblacks. He was released by the Toronto Argonauts on Sunday morning as he had a $220,000 roster bonus due on February 1.

The ten-year veteran has passed for 18,363 yards, 108 touchdowns, and 60 interceptions while completing 66 percent of his attempts. He’s also recorded 140 carries for 617 yards and 13 touchdowns on the ground en route to a 45-28 win-loss record as a starter.

Nichols had a strong season in 2016 when he passed for 3,666 yards with 18 touchdowns and nine interceptions. He improved on those totals the following years, throwing for 4,472 yards and 28 touchdowns with just eight interceptions.

In a corresponding move, the Redblacks released quarterback Nick Arbuckle.

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