Update: Brandon Scherff agrees to 4-year deal worth more than $22 million

Rick Brown
Former Iowa Hawkeye Brandon Scherff poses for a photo with NFL commissioner Roger Goodell after being selected as the fifth overall pick by the Washington Redskins in the first round of the 2015 NFL Draft.

On the eve of last month's NFL Draft, Brandon Scherff was asked if he knew what he was going to buy with his signing bonus.

"Haven't thought about it," said Iowa's consensus all-American offensive tackle and Outland Trophy winner.

Scherff, selected by the Washington Redskins with the fifth pick, has plenty of spending options now. The Denison native signed his contract with Washington Tuesday. He agreed to a guaranteed four-year deal worth more than $22 million, with a signing bonus of $13.7 million, The Register has learned. The Redskins have the option for a fifth year. The Washington Post had reported that Scherff had signed for $18.7 million, with a $13 million signing bonus.

Scherff, who played left tackle at Iowa, is expected to move to right tackle for Washington for his first NFL season. Scherff will take part in Washington's three-day rookie minicamp starting Friday.