Updated at 10:45 p.m. Tuesday: The Browns formally announced the signing of rookie safety T.J. Ward on Tuesday.
The Browns have agreed to terms with second-round pick T.J. Ward to a four-year contract, a person familiar with the contract told the Beacon Journal.
Ward's deal is worth a maximum value of about $5 million, the source said. It also includes a $2.075 million signing bonus and more than $3 million in total guaranteed money, the source said.
The Browns selected Ward out of the University of Oregon with the 38th overall pick in this year's draft.
In his career with the Ducks, Ward had 190 tackles, 13 pass deflections and three interceptions.
There were some concerns about Ward's health entering this year's draft. He missed a full season of high school and college football because of a knee injury. He sat out a portion of the 2009 season at Oregon due to an ankle injury.
First-round pick Joe Haden remains the only pick the Browns have not signed. The team announced the signing of running back Montario Hardesty earlier Monday.