While the total worth of the deal isn't known at this time the Chicago Sun-Times reported the 148th overall choice received a $154,000 signing bonus.
Defensive tackle Tommie Harris (1st round, 14th overall) and wide receiver Bernard Berrian (3rd, 78th) are the only two remaining unsigned Bears draft choices. While it appears things with Harris are developing slowly, Berrian could be inked as soon as today.
Krenzel began his career as Ohio State's starting quarterback by leading the team to the BCS National Championship and a 14-0 record in the 2002 season.
Posting an overall career record of 24-3 as a starter, Krenzel completed 329 of 579 passes for 4,493 yards with 28 TDs and 21 interceptions in 35 career games. Krenzel finished his career with 5,097 yards of total offense, the ninth-highest figure in school history.