Linebacker Lavonte David is returning to the Tampa Bay Buccaneers on a one-year contract, according to the source.
The deal is worth $7 million with incentives that can push the total value to $8 million, the source said.
The team's longest-tenured player wanted to remain with Tampa Bay for the duration of his career and was considered a top priority for the team to re-sign this offseason.
David has said he hopes to one day join the Buccaneers Ring of Honor.
"It would be incredible," he said. "As a kid I never really thought of something like that.