Jets have agreed to a 4-year, $5M deal with WR Stephen Hill, per source. 60 percent of that guaranteed. #nyj— Manish Mehta(@TheJetsStream) May 3, 2012
Hill was the 43rd overall pick and is the second draft pick to sign a contract, joining Alshon Jeffrey, a wide receiver with the Bears.
The Jets really wanted Hill's skills, as they traded fifth- and seventh-round picks to move up four spots to select Hill in the second round. With a recently-new rookie wage scale, draft picks are expected to sign contracts much earlier than years ago, when the negotiations could last for months.