Caleb Williams has let USC to declare for the 2024 NFL draft.

Williams is the overwhelming favorite to be the No. 1 overall pick with the selection currently owned by the Chicago Bears. The Bears traded out of the No. 1 pick last year, sending the selection to the Carolina Panthers. The Panthers finished with the NFL's worst record and are sending the pick to the Bears.

Chicago spent a first round pick on Justin Fields in 2021, but his status as their quarterback of the future remains murky.

Williams won the Heisman Trophy in 2022, but had a somewhat disappointing 2023.

Michigan quarterback J.J. McCarthy and running back Blake Corum, two of the leaders of a team that went 15-0 and won the school's first national championship in 26 years, announced Sunday on social media that they are entering the NFL draft.

McCarthy, a junior from La Grange Park, Illinois, passed for 2,991 yards with 22 touchdowns and four interceptions in 2023. He completed 72.3% of his pass attempts.

Marvin Harrison Jr. is leaving Ohio State to declare for the 2024 NFL draft. 

Harrison is a candidate to be the first non-quarterback selected in the draft.

During the 2023 season, Harrison caught 67 balls for 1,211 yards and 14 touchdowns.

Ryan Poles says the Chicago Bears will be "open-minded" about whether to use or trade away the No. 1 overall pick in this year's draft.

The Bears traded the first overall pick to the Carolina Panthers last year, getting back a haul of picks plus wide receiver D.J. Moore. At the time, Poles said he would need to be "blown away" by a quarterback in the draft to move on from then-second-year man Justin Fields.

"I've got to stay open-minded about it," Poles said. "Not to use the same quote, but when I say, 'I need to be blown away,' it's the same setup because seeing the things that Justin did this year, his ability to make plays ... keeping his eyes down the field, taking less sacks, you see a lot of growth there where he can continue to get better. So, I'll have the same mindset."

The Bears possess two picks in the top 10 at Nos. 1 and 9. Poles said his staff is in "information gathering mode" right now.

The Chicago Bears clinched the top overall pick in the 2024 NFL draft following the Carolina Panthers' 26-0 loss to the Jacksonville Jaguars.

The Bears traded away the No. 1 pick in last year's draft to the Panthers in exchange for DJ Moore, first and second round pics in 2023, a first rounder in 2024 and a second rounder in 2025.

The Panthers finished the 2022 season with a 7-10 record, but Bryce Young largely struggled as their starting quarterback.

The Bears have a decision to make regarding the future of Justin Fields as holders of the first overall pick. Caleb Williams is considered the most probable selection at No. 1.