It Is Offical: Jaguars Sign Torry Holt

The rumors of Torry Holt have been flying around since he visited the city in late March. The general feeling of the fans was that Holt should not leave the city without a contract in his hand.

Well, he may have left that day but the fans did get their wish. Torry Holt will be playing in Jacksonville next season. In fact, the Jaguars signed Holt to a three season deal.

The contract goes as follows according to the Florida Times Union:

The deal contract is worth $13 million, and can reach $20 million with incentives. It includes a base salary of $4 million (all guaranteed) for the upcoming season, in addition to salaries of $4 million and $5 million in 2010 and 2011.

What are the implications of this signing?

Well, the Jaguars have addressed a serious area of need. That means that the Jaguars don’t have to focus on getting a wide receiver in the draft. Sure, one receiver does not make an all star receiving corps but there is no doubt in my mind that having Holt will help out the entire offense. Having a wide receiver threat frees up the run game and allows us more options on offense. That is something we were missing completely last season.

This is not like the Troy Williamson and Jerry Porter signings. They were both risks that did not work out for the Jaguars. Holt is a proven wide receiver with more impressive numbers than we’ve seen in Jacksonville in a long time.

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