The Bears surrendered two first round draft picks (they had the 18th pick in this month's draft), plus a third round pick and starting quarterback Kyle Orton, according to Jay Glazer of FOXSports.com. The Broncos also gave the Bears a fifth round pick.
Cutler replaces Orton as the Bears' starting quarterback. He is signed through 2011.
Orton, who will be a free agent after 2009, joins a quarterback depth chart in Denver that is led by recently-signed Chris Simms.