Redskins exercise option on Kerrigan

Redskins exercise option on Kerrigan
May 2, 2014, 9:45 am
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The Redskins are going to have the rights to Ryan Kerrigan through the 2015 season.

As expected, the team has decided to exercise its one-year option on the linebacker, who was their first-round pick in the 2011 NFL draft. The team announced the move on Friday morning

The option extends Kerrigan's original four-year contract to five years. The salary is determined by the average salaries of the third through 25th highest players at his position. It is unclear what that salary will be right now but it is expected to be in the vicinity of $7 million. 

The Redskins can still negotiate a long-term contract with Kerrigan at any time. The salary is guaranteed for injury as soon as it is exercised. It becomes fully guaranteed on the first day of the 2015 league year.

Kerrigan was inserted as the starter at left outside linebacker almost from the moment the Redskins took him with the 16th overall pick of the draft. He has started 48 of a possible 48 games, has 24.5 sacks, 10 forced fumbles, and two intercpetions, both of which he returned for touchdowns.  

The decision was first reported by Will Brinson of CBS Sports.

Go here to read the team's press release announcing the transaction.