2013 NFL Draft: Buccaneers sign Johnthan Banks to four-year deal

USA TODAY Sports

The Buccaneers have all but one of their rookie draft picks under contract.

The Tampa Bay Buccaneers have announced the signing of cornerback Johnthan Banks to a four-year contract. All rookies sign four-year deals, per the NFL CBA. Banks participated in all offseason workouts so far without a contract, but has now put pen to paper. This was mostly a formality as there was little room for negotiations under the NFL's rookie salary cap rules.

Over The Cap estimated that Banks would receive a four-year contract worth $4.73 million with a $1.82 million signing bonus. So far, Over The Cap has been pretty accurate in forecasting rookie deals.

Update: Jenna Laine has the contract details, including a fully guaranteed salary in 2013 and 2014.

With Banks signed, the Buccaneers now have all of their drafted rookies under contract, with the exception of third-round quarterback Mike Glennon. Quarterback contracts tend to be a little more complicated than non-quarterback contracts, although that shouldn't be a huge issue with the new CBA. Glennon, too, has participated in all offseason workouts so far.

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