As we reported earlier today, and has since been reported by most every major news outlet, the Tampa Bay Buccaneers have re-signed running back LeGarrette Blount on a one year deal.
@jason_otc LeGarrette Blount re-signed with the Bucs for 1 year at $1.75M ($1.25M-base salary, $350k-reporting bonus & $150k-workout bonus).
— Joel Corry (@corryjoel) March 9, 2013
As you can see, the terms of the deal are fairly low, meaning the Buccaneers will be spending very little to have a deep running game with multiple 1000 yard rushers in the stables. With Doug Martin on a rookie contract, and Blount on this one year, wait-and-see kind of deal, the Bucs have a very cost-controlled situation at running back going foward.
So what does this signing mean? First of all, it means Blount will not be available as a restricted free agent. This is not a restricted free agency tender, as we previously reported the Buccaneers were considering using on the running back. This deal is actually lower than the salary that would be paid for a second round tender in the RFA market, so there is certainly savings as compared to offering a tender to Blount.
Second of all, it means the Buccaneers have one less position to worry about in 2013. Running back is set, and cap space can be used to build up other positions such as cornerback, safety, tight end, and more. Mark Dominik has repeatedly mentioned he wants to bring back guys who have been here and earned a new contract, and Blount’s 2010 and 2011 performances are certainly worthy of another chance in 2013. If he’s able to play a bit better than he did in 2012, especially knowing that he’ll be an unrestricted free agent after the season ends, he’ll be a steal at this price tag and a valuable back up for the Buccaneers’ star running back Doug Martin.
So what do you think, Bucs fans? Are you glad to have Blount back? Let us know in the comments below.