Originally written on Waiting For Next Year  |  Last updated 11/15/14

Second overall draft pick RGIII signed his deal with the Redskins this morning, becoming the first of the top picks to come to terms-

“…it’s a four-year, fully-guaranteed contract with no offset language. The contract has a value of $21,119,098, including a $13,799,344 signing bonus.

Per a source with knowledge of the deal, the base salaries are $390,000 in 2012, $1.34 million in 2013, $2.30 million in 2014, and $3.26 million in 2015.

The contract also includes, per the Collective Bargaining Agreement, an option for a fifth year. For the first 10 players taken in the draft, the team can retain the player for a fifth year at the transition tag number for his position. For Griffin, that means the average of the 10 highest-paid quarterbacks in 2015.”

This could easily be the first domino that starts a chain reaction of top ten picks signing, including the number three overall pick- Browns RB Trent Richardson.

Look for a piece from Craig later on what this means for Richardson’s deal with the Browns.

 

MORE FROM YARDBARKER

Manny Pacquiao vs. Chris Algieri live blog!

Tiger hires new swing coach

Report: Sting set to debut at WWE Survivor Series

Eric Decker: It's tough watching Emmanuel Sanders, Broncos

Semaje Perine breaks Melvin Gordon's rushing record

Report: Chip Kelly, Eagles GM not seeing eye-to-eye

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Pete Carroll open to playing Richard Sherman at WR

Jay Gruden: RG3 has been 'coddled for so long'

Red Sox have best offer on table for Pablo Sandoval?

LeBron: Kevin Love will get the ball 'if he demands it'

76ers fans can get free tickets with a box of Mac & Cheese

Grizzlies players battling team-wide stomach virus

Report: Mike Gundy pursuing Florida job

WATCH: Jameis Winston gets away with shoving an official

WATCH: Georgia's Chris Conley makes diving TD catch

WATCH: Nebraska blocks field goal, returns it for TD

Florida DL shows support for Will Muschamp with eye black

WATCH: Javale McGee kisses elderly fan sitting courtside

WATCH: Tim Tebow busts out a brief Steve Spurrier impression

WATCH: Nerlens Noel gets flagrant for foul on Eric Bledsoe

Video: Deron Williams destroys Jeremy Lamb with crossover

Jets-Bills game in Detroit will be free admission

New Yorker unveils powerful Redskins Thanksgiving cover

Biggest disappointments of the 2014 NFL Draft class

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Report: Gundy pursuing Florida job

Tiger hires new swing coach

WATCH: Jameis Winston shoves ref

Florida DL supports Will Muschamp with eye black

Jay Gruden: RG3 has been 'coddled'

LeBron: Love needs to 'demand' the ball

Bills-Jets game will be free admission

Pete Carroll: Lynch is 'our guy'

Which NFL team will get the #1 pick?

Game of the week: Patriots vs. Lions

Report: Padres join hunt for Sandoval

Golic recreates Kardashian butt pic

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.