Source: Matt Forte agrees to deal

The Chicago Bears and running back Matt Forte have agreed to terms on a contract, a league source told ESPN NFL Insider Adam Schefter.

The Bears had placed their franchise tag on Forte in March and the sides had until 4 p.m. ET on Monday to strike a deal. Without a long-term deal, the Pro Bowl running back would have had to play the 2012 season under the $7.749 million tender or sit out the season.