The Cincinnati Bengals announced on Monday that tight end Tyler Eifert has signed. Eifert, selected No. 21 overall out of Notre Dame, was Cincinnati's tenth and final draft pick to sign from the 2013 NFL draft. According to rookie allocation numbers, Eifert's four-year contract will be worth (roughly) $8.256 million with a $4.34 million signing bonus and a $1.5 million cap number this season.
"We’ve said all along that we expected Tyler’s deal to get done in good time, but it’s great to now have all our signings complete," said head coach Marvin Lewis. "All 10 guys can help us by getting off to fast starts, and we are looking for Tyler to lead that. He’s shown us everything we wanted to see in our offseason work."
According to NFL.com, Eifert becomes the 13th first-round draft pick to sign this year. Much of what's causing the delayed signings for rookies is related to offset language and guaranteed numbers. Based on Kyle Long's contract being 90.8 percent guaranteed, if we assume that Eifert's is 90.7 percent, then the guaranteed number should be around $7.49-7.50 million.