The Tampa Bay Buccaneers have re-signed Legarrette Blount to a one-year deal, according to Joel Corry of the National Football Post. This was corroborated by Jason from OverTheCap.com, citing NFLPA records. It has since been confirmed by Adam Caplan, so we can safely assume it's true at this point.
Blount was a restricted free agent and the Bucs had the option of tendering him at a first- or second-round level. This solution is a little cheaper, though, with saving the Bucs around $250,000 compared to a second-round tender, while still guaranteeing his presence on the roster. A guarantee the Bucs would not have had if they had tendered him at an original round level, which would have let Blount walk out the door for free had he signed a contract with another team.
This re-signing is a little curious, however. Blount was barely on the field last year, playing just 9% of all offensive snaps, well behind Doug Martin's 78% and D.J. Ware's 14%. Blount also had just 41 carries for a disappointing 151 yards with touchdowns.
Blount burst into the NFL with a 1,000-yard season as a rookie in 2010, but has been erratic and inconsistent throughout his career. He brings little to no value on passing downs, although his pass-blocking has improved, while he struggles with running behind his pads and hitting the right hole as a runner. At times he looks like a superstar, with tacklers failing to bring him down, but those times are too few and far between for him to be counted on as a foundation of the offense.
Still, the Bucs preferred to keep him in-house rather than adding a young running back through the draft. Blount will likely compete with Michael Smith and D.J. Ware for two roster spots come training camp.