Report: Chiefs Reach Contract Agreement with 5th Round Pick Colin Brown

The Kansas City Chiefs have agreed to terms with their fifth round pick Colin Brown according to a report by Adam Caplan of Scout.com.

Per the report, it's a three year contract with a total value of $1.34 million and a signing bonus of $154,000 (The contract is actually worth $1.339 million but whose counting?  Oh, yeah, we are).

We've learned Brown's base salaries, per year, are as follows: $310,000 (2009), $395,000 (2010), $480,000 (2011).

The player selected in Brown's draft spot last year received a 4 year, $1.903 million deal with a $198,000 signing bonus.  When his contract is pro-rated, it's about right on with the annual percentage increase (Signing bonus goes from $49,500/year to $51,333/year).

Jason Phillips, selected two spots earlier by the Baltimore Ravens, also signed a three year deal worth $1.34 million and a $156,000 signing bonus.  Only $2,000 difference in total value between the 137th and 139th picks.

Brown is an offensive tackle from the Missouri.  He's projected to ultimately play on the right side but likely won't push Damion McIntosh in year one.

This makes two of the Chiefs eight draft picks that have reportedly agreed to terms. 

So what do you think?  It's similar to what I predicted last week but the big surprise is that it's a three year deal.  I don't know what this means as far as what the Chiefs think of him (almost assuredly it means very little).  Three years gives the Chiefs a quicker out if he doesn't work out but it also moves him one year closer to a free agency pay out if it does.

H/T kcchiefsfan56 in the FanPosts