By Matt Snyder 3/01/2010 8:25 PM ET

In a move that may spur a retirement, the
Chicago Bears have reportedly cut ties with veteran offensive tackle
Orlando Pace, according to a press release from the team Monday night.
Pace was the top overall pick in the 1997
NFL Draft and made good on his immense promise -- earning seven trips to the Pro Bowl and being named a First-Team All-Pro three times. For a span of several years, Pace was considered either the best tackle in the league or on the short list of the best. He helped pave the way for three straight NFL MVPs (
Kurt Warner in 1999 and 2001 and Marshall Faulk in 2000).
In the past four years, however, Pace has greatly regressed as he's aged. He battled injuries in 2006 and 2007, starting just nine games between the two seasons. This past season, the
Bears eventually replaced Pace at left tackle with Chris Williams.
Considering his age, deteriorating skill set and big contract, the move by the Bears was not surprising. Now, however, Pace will be pondering retirement. It's hard to see him getting much interest on the open market and he has enjoyed a full career -- one that will likely land him in the Hall of Fame someday.