The Miami Dolphins and first-round draft pick Ryan Tannehill agreed to a four-year, $12.688 million contract Saturday, according to a source with knowledge of the negotiations.
The source said there is offset language in the contract, which means that if Tannehill is cut after three seasons, the Dolphins allow another team to pay the balance of the remaining guaranteed money.
The Dolphins apparently made other concessions to make the deal more palatable for Tannehill, who had already missed two practice days of training camp.
Tannehill had been working out with former NFL quarterback Chris Weinke in Bradenton, Fla., while his teammates were at camp.
Tannehill, the No. 8 overall draft pick, is viewed as the quarterback of the future for the Dolphins.
He will be reunited with his Texas A&M head coach Mike Sherman, who is in his first year as the Dolphins offensive coordinator.
The big, athletic Tannehill is considered a raw talent under center after having played wide receiver for part of his time at Texas A&M.
Follow Ian Rapoport on Twitter @RapSheet.
