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Bears sign Matt Forte for 4 years

Updated: July 17, 2012, 9:24 AM ET
By Michael C. Wright | ESPNChicago.com

CHICAGO -- The Chicago Bears have signed running back Matt Forte to a four-year contract which a league source told ESPN NFL Insider Adam Schefter is worth roughly $32 million.

The deal contains more than $17 million in guarantees, according to sources.

The Bears had placed their franchise tag on Forte in March and the sides had until 4 p.m. ET on Monday to reach an agreement. Without a long-term deal, the Pro Bowl running back would have had to play the 2012 season under the ...

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