Found July 25, 2012 on Phins Phocus:
Just as training camp is supposed to start, the Miami Dolphins have three players unsigned: QB Ryan Tannehill, DE Olivier Vernon, and TE Michael Egnew.  While the Miami Dolphins enter camp this week, these three rookies could be looking at a delay of joining their teammates; critical time could be missed by promising 1st round pick Ryan Tannehill who is expected to compete with quarterbacks David Garrard and Matt Moore.  So what exactly is the holdup?  For starters, when the new CBA was drafted and then ratified, the owners and players agreed upon specific language that would make 1st round picks have four year deals with a fifth year option, but that these contracts contain what is called offset language or the team having the option of paying a final option bonus in the fifth year in March. The kicker is the option bonus is paid and "guaranteed" even in the event of injury.  To the Dolphins, this is a new development, but not entirely new on how they have conducted their...
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