By Eric Schmidt

The Cincinnati Bengals started the 2013 Free Agency period with the most money under the salary cap. They have spent some of that money in re-signing their own players. On Saturday, Ian Rapoport reported that the Bengals will re-sign CB Terence Newman this week. The deal is reportedly a two-year contract worth $5 million.

Newman took to Twitter to announce his decision. “After much time and thought, I’m heading back to Cincy. And for those of you who thought it was about the money, the Raiders offered more.”

Newman cited that his decision was based on the fact that he enjoyed playing for defensive coordinator Mike Zimmer. He also thanked Raiders Nation for showing him love while he was meeting with the team.

He will be entering his 11th season in the league in 2013 and spent his first 10 seasons with the Dallas Cowboys.

For his career, Newman has 34 interceptions, eight forced fumbles and 617 tackles. He is expected to battle Dre Kirkpatrick for a starting job, but will provide the Bengals with great depth is he losses out.

The Bengals have yet to extend the contract of OT Andre Smith.

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