QB Robert Griffin III signs with Redskins

ESPN - [Full Article]

The Washington Redskins on Wednesday signed rookie quarterback Robert Griffin III, the team announced.

The Heisman Trophy winner from Baylor was the second pick in this year's draft.

Griffin announced the news on Twitter: "Well people....It's Time to go to Work!!! Off the unemployment line and oh yea HTTR!!!"

The initials stand for "Hail To The Redskins," the team's fight song.

Griffin's four-year contract is worth $21.1 million and is fully guaranteed, with no offset language, a league source told ESPN NFL Insider Adam Schefter.

Fantasy Impact: 

We have Griffin ranked 13th at QB, which equates to a high-end backup right now. His ADP is the ninth round, but chances are someone is going to reach for him in hopes he's the next Cam Newton. He certainly has the potential to be a QB1 as the season goes on, but he should really be targeted by those who draft low-end QB1s who are unsure of their status, or if you're looking to form a committee QB situation for your fantasy team.

Filed Under: 2012, Preseason

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