He's recently signed a deal with Mr. Clive Davis and will have an album out later this year. This is very happy news, I will definitely be buying his album.
I hope it sells well, we need more good rockers out there.
Here is a Yahoo article confirming the news:
http://ca.entertainment.yahoo.com/s/10072006/2/entertain-american-idol-rocker-chris-daughtry-fourth-signs-record-deal.html