CBS Sports' Jason La Canfora reported on Thursday night that the Bears and Matt Forte are making "considerable progress" in regards to their talks about getting a contract extension done (specifically a five-year deal):

League sources said there has been considerable progress between the Bears and Matt Forte as well. There are still issues to hash out regarding the average per year on the deal over the first three years, and how it could compare to say Marshawn Lynch's new deal, but there has been movement on what the deal might look like over five years. While this prognosis looks promising, sources said there is still a stalemate between Baltimore and its star runner, Ray Rice. It would take a major reversal over the weekend to get this kick-started.
The two sides have until Monday's 4 PM ET deadline to reach a multi-year deal, otherwise Forte will play the 2012 season under the franchise tender (in which he'll make $7.749 million). And if that's the case, while Forte may sit out some of training camp, he recently said that he won't sit out any regular season games (via ESPN Chicago):

"I don't think I really have a choice, do I?" he said. "Yeah, I'll be here."
Hopefully the two sides can come to an agreement, but at reasonable terms of course. Regardless, #22 will be playing in a Bears uniform come September 9th, and he'll be damn productive.

UPDATE: ESPN's Adam Schefter tweeted literally two minutes before I published this post that he met with Forte today (their interview will apparently be on SportsCenter), and Forte is optimistic a deal will get done:

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