The Facts: Adam Schefter of NFL Network is reporting that the St. Louis Rams have reached an agreement with Caldwell.

Diehards Line:As PFT's Michael David Smith notes, Caldwell spent the 2007 season in Washington and the Redskins were reportedly awaiting a decision from Caldwell, whom they offered a contract, as recently as yesterday. No details of the deal have been reported, but Caldwell apparently liked the offer he got from the Rams better than the offer he got from the Redskins. Smith went on to suggest Caldwell is likely to compete for the third receiver position behind starters Torry Holt and Drew Bennett in St. Louis.