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Colts Sign First Round Draft Pick Phillip Dorsett

The Indianapolis Colts announced today that they have signed their first round draft pick, wide receiver Phillip Dorsett.

Brian Spurlock-USA TODAY Sports

Colts first round draft pick Phillip Dorsett has been one of the stars of offseason workouts and OTAs so far, and today the team announced that they have signed the wide receiver to a contract.

Dorsett was one of three draft picks remaining unsigned out of the Colts' eight-man class, but he has now signed his contract, leaving only cornerback D'Joun Smith and defensive lineman Henry Anderson unsigned.  Dorsett was drafted with the 29th overall pick, and last year that was the same spot that the Patriots drafted defensive end Dominique Easley.  Easley received a 4-year, $7,303,549 deal, so it's expected that Dorsett's contract will be slightly higher than that but similar.

Dorsett has quickly been impressing the Colts while working with the team in OTAs.  "He looks really good," head coach Chuck Pagano said last week.  "He's really fast.  He's got really good hands.  He's really smart.  He's picked things up.  He looks really good."

He was again one of the stars in today's OTA session, as he continued to show off his impressive speed and skill set that made him the Colts' first round draft pick, having been the highest-graded player on their board left in the draft when they drafted 29th overall.

In four years at Miami, Dorsett played in 45 games (starting 30) and caught 121 passes for 2,132 yards and 17 touchdowns, averaging 17.6 yards per reception.  He also spent time returning kicks and punts, something that he'll likely do with the Colts as well.  Despite the team having a stacked receiving corps, Dorsett figures to get significant playing time with the Colts offense alongside guys like T.Y. Hilton, Andre Johnson, and Donte Moncrief, and Dorsett's speed will make him a hard player to cover.

This signing was already a sure thing, and with the rookie wage scale there wasn't much discussion to be had.  Dorsett has now officially signed with the Colts, however, and the excitement will likely just increase as he continues to play in offseason workouts, training camp, and preseason.

UPDATE: According to Spotrac, Dorsett's deal is a 4-year deal worth $8,135,414 with a $4,176,665 signing bonus.  He will have a $1,479,166 cap hit in 2015.