Caleb Williams agrees to $39.5 million guaranteed deal with Bears

Williams, projected No. 1 pick in 2024 Draft, signs fully guaranteed four-year contract with Chicago

Agrees to terms with Bears without attending NFL Combine, a first for a likely No. 1 overall pick

Widely predicted to be the No. 1 pick in the 2024 NFL Draft, Caleb Williams has agreed to a fully guaranteed four-year, $39.5 million deal with the Chicago Bears, according to multiple reports.

The deal, which was signed on Tuesday, is reportedly the first fully guaranteed contract for a quarterback taken with the No. 1 overall pick in the NFL Draft.

Williams, who is considered to be one of the best quarterback prospects in recent memory, did not participate in the NFL Combine this year, making him the first likely No. 1 overall pick to ever skip the event.

The Bears, who traded up to the No. 1 spot in the draft, were reportedly very impressed with Williams' arm talent and mental makeup, making him an easy choice for them.

Williams is expected to be the face of the Bears franchise for years to come, and his signing is a major coup for the team.