Broncos Sign Third-Round Pick OL Michael Schofield

The Denver Broncos announced the signing of third-round pick OL Michael Schofield on Tuesday.

Third-round pick @SchoBlue75 has officially signed with the Broncos: http://t.co/V0V1lKx66dpic.twitter.com/qEdL7Ez57a

— Denver Broncos (@Broncos) June 3, 2014

Denver now has all of their draft picks under contract except for first-round pick CB Bradley Roby.

Schofield’s four-year contract is worth an estimated $2,761,200 and includes a signing bonus of $521,200, according to OverTheCap.com.

The versatile Schofield made 36 starts for the Michigan Wolverines, with 26 coming at right tackle and ten at left guard.

GM John Elway has said that Schofield will likely start working at tackle, but will also move inside and play some guard.