Houston ? The Houston Texans are taking the suspense out of Saturday’s NFL draft.

They are close to signing Fresno State quarterback David Carr, their announced No. 1 pick, to a seven-year contract that would pay $60 million if he reaches all incentives, a football source told the Associated Press Tuesday.

The NFL is looking at the contract and must still approve it, said the source, speaking on condition of anonymity.

Carr would earn $45 million in base salary over seven years, and that could increase to $60 million if he meets all incentives. He would be paid $16 million in the first three years of the deal, the most in NFL history for a rookie.

Michael Vick, selected by the Atlanta Falcons with the top pick in last year’s draft, will make $15.3 million in his first three years. Vick signed an eight-year, $62 million deal with the Falcons.

Carr visited Houston last week and already has purchased a home.

“We wanted him to get in here and get things taken care of so we can have his full attention,” coach Dom Capers said. “He’s going to need to have all the distractions out of the way and focus on football.”

Carr will become the 12th quarterback selected with the top overall pick since the NFL-AFL merger in 1970, and the fourth in the last five years.

He led the nation with 4,839 passing yards and 46 touchdowns in 2001, while leading Fresno State to an 11-3 record.