Several sources including the NFL Network and Chicago Sun Times are reporting that the Bears could be interested in wide receiver Torry Holt, who the Rams have been shopping over the past couple weeks.

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.

Notable Free Agents: Ron Bartell, CB; Richie Incognito, C; Dane Looker, WR; Dante Hall, WR;

Projected 2009 Cap Space: $8000,000

Draft Order: 2

Top Needs: The Rams have major holes along their offensive line and will likely look to upgrade their linebacker corps and secondary.

Offseason Outlook: Rumors are already circulating that the Rams will part with long-time veterans Orlando Pace and Torry Holt, although don’t rule out either player restructuring their current contracts in order to stay in St. Louis. Holt’s cap charge in 2009 is $10.25 million and Pace carries a charge of $9 mil next year. Neither player will be in a St. Louis uniform next year at their current prices. The team will either deal the players or flat out release them if they don’t agree to restructure their contracts.

The Rams might also consider releasing safety Corey Chavous ($1.2 million), linebacker Pisa Tinoisamoa ($2.25 million), backup quarterback Trent Green ($1.3 million) and defensive tackle Claude Wroten ($726,000) this offseason. Considering they’re handcuffed at only $8 million, expect new head coach Steve Spagnuolo and his staff to make moves in order to free up some cap space this offseason.

If the Rams part with Holt, some believe they may target a wide receiver in the draft, possibly even Texas Tech’s Michael Crabtree. But don’t count on it. Even if the team releases/trades Holt, word is that the Rams love the potential of Donnie Avery and Keenan Burton, and therefore could address other needs with the second overall pick in the draft.