Broncos sign Shane Ray

Per the numbers of the rookie wage scale, as the 23rd overall pick the total of Ray’s contract and signing bonus are both known–they should be close to, respectively, $9.12 million and $4.89 million.  Judging by previous 23rd overall picks, Ray should also have the first three years of his base salary fully guaranteed.

The only possible serious point of negotiation is if the Broncos pushed for a clause to void Ray’s guarantees should he run afoul of the NFL’s substance abuse program.  Ray was placed in Phase 1 of the program due to his pre-draft citation for marijuana possession.