Wolfe signed a four-year deal worth $5.2 million, $3.2 million guaranteed.
Derek Wolfe, the first player the Broncos selected in the NFL draft last month, has agreed to contracts terms on a four-year deal worth $5.2 million. There are $3.2 million worth of guarantees in the contract.
He didn't participate in the Broncos' organized team activity (OTA) workout Monday because league rules say his college class must complete graduation first. Cincinnati doesn't grad- uate its 2012 class until June 9. He will be back in time to participate in the Broncos' final offseason minicamp, which starts June 12.