Titans announced they reached agreements on one-year deals with WR Kevin Walter and OL Chris Spencer.— Adam Schefter (@AdamSchefter) April 1, 2013
The Titans have signed a familiar face around these parts in WR Kevin Walter and OL Chris Spencer (familiar with Ruston Webster as both were Seahawks around the same time.) From all indications, these are one year deals so there's little to no future cap ramifications factored in. After the flurry of signings in March, one would have assumed the Titans would've laid low until the draft but apparently that isn't the case. As for the signings, I do like them as cheap veteran depth fillers and allows the team to still target the draft with the BPA strategy.
The Kevin Walter signing surely must signal the end for one Nate Washington, who gave the Titans valuable years of service while Kenny Britt was off doing Britt things. Speculation has been rampant about Washington's pending release but no confirmation yet. Walter can fill Washington's role in the slot rather easily and at much better cost effective price. While he isn't the ideal #2 receiver (as the Texans repeatedly refused to give Andre Johnson to take the pressure off him), he can still provide a reliable veteran slot target for young Jake Locker.
Signing Chris Spencer likely means the end of Eugene Amano's Titans tenure, however shaky it was. Spencer is a good depth signing that will provide you with competent guard and center play if needed. As stated above in the article, Spencer and Webster have a history together in Seattle. With the Spencer and Rob Turner signings, the Titans could possibly be content to let those two battle it out for the vacant right guard spot instead of drafting a Chance Warmack or Johnathan Cooper.