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.
A pair of promising offensive skill players – Packers WR Davante Adams and Steelers RB/WR Dri Archer – have signed their rookie contracts.
— Field Yates (@FieldYates) June 12, 2014
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.
Player | Total Value | Signing Bonus | 2014 Cap Hit |
---|---|---|---|
Dri Archer | $2,906,784 | $506,376 | $546,594 |
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.