Redskins sign No. 2 pick Griffin

Posted July 18, 2012 @ 8:42 a.m.
Posted By PFW staff

The Redskins signed No. 2 overall pick QB Robert Griffin III, the team announced Wednesday morning.

According to multiple reports, the four-year deal is worth $21,119,098 for four years.

PFW’s Eric Edholm wrote this week about the offset language being a hangup in the Redskins getting Griffin under contract. Pro Football Talk reported there is no offset language in Griffin’s deal.

In short form, offset language occurs in cases where teams release former first-round players prior to the third year of a four-year deal, with fifth-year options held by the team. If there had been offset language in the contract, the team would be allowed to release the player prior to the end of the contract and get back part of what would have been a fully guaranteed final year of the deal. For instance, if the first-rounder was due to be paid $5 million in the final year but another team signed that player for $3 million, the team that drafted the first-rounder originally only would be on the hook for the difference — $2 million.

In shorter form: The Redskins wanted the language in the contracts; the RGIII didn’t want to give his new team any easier ways to opt out of his contract.

Griffin is expected to start Day One for the Redskins. Click here for the Heisman Trophy winner’s PFW scouting report.