The 6-3, 215-pounder started two seasons for the Wolverines and also saw time as a defensive back in nickel and dime formations as a sophomore.
In three seasons he caught 152 passes for 2,317 yards and 23 touchdowns.
The Bears scheduled a 9:30 p.m press conference Sunday with Terrell. However, it has been postponed until Monday. His flight was cancelled and he will arrive in Platteville late Monday morning.
Bears waive linemen: The Bears waived undrafted free agent guard Rick Gilliam. The West Virginia product was signed as an undrafted free agent during the 2001 offseason.