Johnny Manziel's signature hand gesture for making money is more fitting than ever because he agreed to terms with the Browns on his rookie contract today.
The team announced the deal in a news release.
Manziel’s four-year contract is worth $8,247,250 and includes a $4,318,000 signing bonus and $6,702,625 guaranteed, according to Spotrac.com. The deal is worth an annual average salary of $2,061,813 and includes a team option for a fifth year.
The Browns traded up from No. 26 overall to No. 22, so they could nab Manziel in the first round of the NFL Draft on May 8.
Manziel will compete with veteran Brian Hoyer this summer for the starting quarterback job. Last week, coach Mike Pettine said Hoyer would enter training camp in late July as the starter. Pettine said Hoyer is "securely ahead" of Manziel, but the coach also doesn't think Hoyer's lead over Manziel is "insurmountable."
The 5-foot-11¾, 210-pound Manziel compiled a record of 20-6 as a two-year starter at Texas A&M before he chose to forego his final two years of eligibility and enter the draft.
Manziel completed 595-of-863 passes for 7,820 yards and 63 touchdowns with 22 interceptions in college. He also compiled 2,160 rushing yards and 30 rushing touchdowns and accounted for 9,989 yards of total offense (384.9 yards per game).
Manziel became the first freshman to win the Heisman Trophy and was a finalist for the honor the following year. He also became the first player in Texas A&M history to throw for 3,000 yards in back-to-back seasons (3,706 yards in 2012 and 4,114 yards in 2013).
The Browns have struck deals with four of their six picks in this year’s draft. In addition to Manziel, linebacker Christian Kirksey (third round, No. 71 overall), running back Terrance West (third round, No. 94) and cornerback Pierre Desir (fourth round, No. 127) have signed their rookie contracts.
The Browns have yet to sign cornerback Justin Gilbert (first round, No. 8) and guard Joel Bitonio (second round, No. 35).