Holt agrees to terms with Jags

The Texans' division-rival Jacksonville Jaguars reportedly have agreed to terms on a three-year contract with seven-time Pro Bowl receiver Torry Holt. Michael C. Wright of the *Florida Times-Union *says that Holt, 32, will sign a contract worth up to $20 million, with $4 million in guaranteed money.

Holt was released by the Rams in March after catching 64 passes for 796 yards and three touchdowns in 2008. From 2000-07, he averaged 94 receptions, 1,385 yards and eight touchdowns per season. The Tennessee Titans were among the other teams interested in Holt's services this offseason.

The move could affect what the Jags do with the No. 8 overall pick on Saturday (we had the Jags taking a wide receiver in the first round of our HoustonTexans.com Mock Draft). Jacksonville hasn't had a true No. 1 receiver since Jimmy Smith retired in 2006, and the team parted ways with receivers Matt Jones, Reggie Williams and Jerry Porter earlier this offseason. Adding Holt gives them more flexibility to look at other positions of need with their first pick.

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