The Steelers have signed their 3rd round pick Dri Archer today, according to ESPN reporter Field Yates. The team has not made an official announcement yet.

https://twitter.com/FieldYates/status/477184715556806656

With the signing of the speedy running back, the team only has one draft pick who remains unsigned, and I imagine Stephon Tuitt will be doing so in the near future. Here is a look at the salary cap numbers I’ve projected for Archer.

[table]

Player, Total Value, Signing Bonus, 2014 Cap Hit

Dri Archer, “$2,906,784”, “$506,376”, “$546,594”

[/table]

As you can see, Archer’s 2014 salary cap impact is minimal. After displacement of the top 51, he should only move the 2014 Steelers salary cap needle by $51,594 (give or take) by my estimation. I’ll update when the specific numbers are available.