The Chicago Bears, following a long night of bargaining, on Friday morning reached contract agreements with both of their first-running draft choices, adding players on each side of the ball who should be significant to the franchise's future.

ESPN.com has learned that defensive end Michael Haynes of Penn State, the 14th player chosen overall, will sign a six-year contract. Former University of Florida quarterback Rex Grossman, the 22nd selection, will sign a four-year deal that includes an option for a fifth season.

Because of a huge escalator in the final year of Haynes' deal, which the team essentially will not be able to afford, the contract will effectively be for five years and worth about $9.2 million. Haynes received a signing bonus, second-tier option bonus and a reporting bonus, and the total guaranteed money for those three elements is roughly $6.5 million.

A two-year starter for the Nittany Lions, Haynes should see considerable playing time in the Bears' defensive front rotation and, given his pass rush abilities, probably will be a key part of the "nickel" packages.

Haynes, 22, posted 15 sacks as a senior, dramatically improving his closing speed to the quarterback and his first-step technique. He had just 10 ½ sacks in his first three college seasons. His senior year also included 80 tackles.

Unlike many of the undersized defensive ends in the '03 draft, Haynes has very solid physical dimensions and is more than just an "edge" player. He appeared in 45 games at Penn State, started 25 of them, and finished with 158 tackles and 25 ½ sacks, while also forcing eight fumbles.

The Grossman deal, which can be worth as much as $17 million-$18 million, counting the escalators, came as more of a surprise. The two sides were not believed to be very close to a deal on Thursday, but the former Gators star insisted to his agent that he be in camp on time. His guaranteed money in the contract is about $4.8 million-$5 million.

One of the most prolific passers in SEC history, Grossman started for 2 ½ seasons and then opted to forego his senior year to enter the draft. He completed 677 of 1,110 passes for 9,164 yards, with 77 touchdown passes and 36 interceptions.

At just a shade over 6-feet-1, Grossman is hardly the prototype NFL pocket passer in the minds of some scouts. But the Bears brass, in particular general manager Jerry Angelo, love his competitiveness and desire.

Grossman probably will begin the season No. 3 on the depth chart, behind starter Kordell Stewart and backup Chris Chandler, but he certainly appears to be a player for whom the Bears have big plans down the road.

Len Pasquarelli is a senior writer for ESPN.com.