WR Kevin Walter Re-Signs

[Keith]

http://www.chron.com/disp/story.mpl/...t/6898618.html

I guess the news of the Ravens trading for Anquan Boldin helped pave the way for Walter's return to the Texans.

After wide receiver Kevin Walter agreed to terms on a new contract with the Texans, it was difficult to tell who was more excited — him or coach Gary Kubiak.

"I'm glad it worked out this way because this is where I wanted to be," Walter said after agreeing to a multiyear, multimillion dollar contract with the Texans. "We're a team on the rise. I want to have a great year to help us get where we want to go."

When Kubiak learned Walter would be back, he said, "You can't have enough Kevin Walters on your team. He stands for everything we are. He's a great kid, a hard worker, a player who does everything right on and off the field. "It's important that he's back with us because he's a big part of what we do."

http://www.myfoxhouston.com/dpp/spor...-retain-walter

Initial reports say this is a 5-year deal, and I've heard around $21.5 million... need to lock down more details on bonus and guarantees though.

edit - $8 million guaranteed? per McClain via Twitter