Torry Holt has agreed to terms on a three-year contract with the Jacksonville Jaguars that is worth up to $20 million.
ESPN reported over the weekend that the Jaguars were moving in and a deal was imminent. The only other team that showed known interest in Holt was Tennessee. Holt made a visit to the Titans at the end of March.
The Bears never showed interest in the veteran wide receiver, who has a lingering knee condition.
Holt's agent Kennard McGuire told the Sun-Times that Holt was not going to be a fit for the Bears.
This could lead the Jaguars to target a wide receiver in the second round before the Bears are on the clock at No. 49. Jacksonville was considered a possibility to draft a receiver in the first round, but the Jaguars will probably not do that now. Jacksonville has to replace three receivers it let go--Matt Jones, Reggie Williams and Jerry Porter.