WR Davis signs three-year contract

Rashied Davis did not have to go elsewhere to get the multi-year deal he was seeking.

The wide receiver, who signed his one-year tender as a restricted free agent last Friday, agreed to a three-year contract Wednesday. Terms of the deal are not yet available, but its believed he received a little more than $1 million to sign.

Davis had hoped to land an offer sheet but no teams stepped up before the deadline last week. It was a situation where clubs liked him but didnt believe they would be able to construct a contract that the Bears would not step up and match. Davis proved valuable as a slot receiver in 2006 and stepped forward to be a key member on special teams last season. This would seem to secure his position on the roster.

“We both knew this is where Rashied wanted to be, agent Wynn Silberman said. “It was a question of whether or not we could get there financially. Both sides dug in and we discovered maybe there was a zone for an agreement. Rashied gets some security and were all happy.

Its the first positive contract news the Bears have had in a while as theyre in a public staredown with Brian Urlacher and work on and off to negotiate deals for return man Devin Hester, tackle Tommie Harris and kicker Robbie Gould.

Check back a little later on for more.