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The Edmonton Elks have acquired quarterback Cody Fajardo from the Montreal Alouettes in exchange for quarterback McLeod Bethel-Thompson. Fajardo spent the past two seasons with the Alouettes, throwing for 6,952 yards, 30 touchdowns, and 19 interceptions and rushing 108 times for 618 yards and six scores. He helped lead the team to a Grey Cup victory in 2023 when he was named the Most Valuable Player of the CFL’s championship game. Montreal recently signed Davis Alexander to a three-year contract extension, confirming that he will be the team’s starting quarterback in 2025. The 26-year-old went 4-0 as a starter this past season while Fajardo was out due to a hamstring injury. Fajardo remains under contract for next year on a deal that’s worth $482,000 in hard money, including a $200,000 roster bonus on Jan. 15. It remains to be seen if the Elks will try to renegotiate the deal as they recently gave Tre Ford a three-year contract extension, which included a $100,000 signing bonus and ...

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