Peerless Price was once a threat at the wide receiver position, but that's changed over the past few years. Now, he has the chance to re-establish that threat where he once thrived. Price signed a four-year contract with the Buffalo Bills on Monday. The deal is worth more than $10 million. Price was traded by the Bills three years ago to the Atlanta Falcons.

Things will be different from the last time Price was in Buffalo. He will no longer be beside wide receiver Eric Moulds, who was traded to the Houston Texans last week. Price will probably be the number two receiver, behind the youngster Lee Evans.

The signing comes a week after the Bills traded disgruntled starter Eric Moulds to Houston. Price is expected to compete for his former No. 2 spot behind Lee Evans, who has begun practicing at Moulds' position.

"Very seldom do you see all the things fall in place in this business, but I thought it was one of those situations where it was a no-brainer," said Tim McGee, Price's agent. "When I called him and told him what I wanted to do, he probably thought that I was a little crazy. ... But I thought it was a win-win situation."

The Bills have figured that Moulds would no longer be with them, which is why they have been seeking help at the receiver position in the offseason. They already re-signed Josh Reed and signed free-agent wide receiver Andre' Davis last month.

Price was originally a second-round draft pick in 1999 by the Bills. His best season came in 2002 when he had 94 catches for 1,252 yards and nine touchdowns. Moulds was just as good that year, establishing one of the best one-two punches in the NFL.

After leaving Buffalo, Price only had 1,413 yards and seven touchdowns over a span of two seasons with the team. Price signed with Fallas this past season, but only had six catches for 96 yards.

"He got a taste of the grass on the other side. And I don't necessarily say the grass wasn't greener. But sometimes you've got to go back home. It's kind of funny," McGee said. "He's the same wide receiver he was when he caught 90-plus balls in Buffalo. ...Peerless has shown what he can do," McGee said. "It's just a matter of getting refocused and rekindle his career by showing he can do it. He hasn't lost a step."

The Bills are still trying to decide on who will be throwing the ball to Price. It could be Craig Nall, J.P. Losman, or Kelly Holcomb.