First things first, The Bears would be wise to wait for the Rams to release him. He’s due a $1.25 million roster bonus on March 17 and while St. Louis would love to trade him before then, no team in their right mind will want to give up compensation knowing full well that the Rams will want to part ways before he’s due the bonus.

Secondly – why not? There’s no doubt Holt has lost a step and at 33 years old, he’s certainly not the long-term answer. But the Bears have been trying to get by with Devin Hester, Marty Booker and Brandon Llyod and it just hasn’t worked. Some fans might scoff at the idea of adding another band-aid fix to the position, but Holt would prove to be a solid mentor for guys like Hester over the next one or two seasons and the Bears could still target a receiver in the second or third round of the draft in April.

If Chicago is committed to quarterback Kyle Orton, then they need to give him more weapons outside of running back Matt Forte. Plus, Holt still runs some of the best routes in the league and if there has been one thing Hester has dramatically struggled with in his transition to receiver, it’s been his route running

Considering what’s left on the market in terms of wideouts (D.J. Hackett, Bobby Engram, Amani Toomer), Holt is the best of the bunch. T.O. and Marvin Harrison are available as well, but unless the Bears want to deal with a potential headache or overpay for a 36-year old with declining skills, Holt seems like the best fit at this point.