David Archuleta Signs Record Contract

In a less-than-stunning development, David Archuleta has signed a record contract with 19 Recordings/Jive Records.

This season's runner-up referred to the deal as "truly a dream come true,” and added that "I’m really excited to start working on everything.”

The Utah native and fan favorite already has three songs on the Hot 100 chart, including his memorable versions of “Imagine” and “In This Moment,” the song he performed on the American Idol finale.

Through it all, Archuleta remains humble and cautious, recently saying “school is really important, especially after all this ends. It would be nice to make a living off of it but you never know.”

We know, David. We know.