The terms of the deal have yet to be disclosed, but with the rookie wage scale there’s not much discussion as to the amount of money. Mike Chappell says that, according to the rookie wage scale, he is in line for a 4-year deal for about $7.9 million and a $4.122 million signing bonus.
Pro Football Talk reported earlier this morning that Werner was trying “to get a portion of his non-guaranteed fourth-year salary in the form of an early roster bonus from the Colts, like the one last year’s No. 24 pick, David DeCastro, obtained from the Steelers.” It’s unknown if he got that or not, but the bottom line is that he is under contract now.
Of course, it never really was in doubt, but still nice to know for sure that Werner will be in camp when it starts on Sunday.
UPDATE [11:16 AM]: Details of Werner's deal, from NFL.com's Ian Rapoport:
On Werner's Colts deal: 4 yrs, $7,896,398 total. $6,414,617 guaranteed. Has offset language. $346K roster bonus, $100K workout bonus in 2016— Ian Rapoport (@RapSheet) July 24, 2013