The St. Louis Rams took their time signing their rookies because they wanted to instruct the young men on the proper way to handle their money before cutting them a check.

Armed with that information, all of those players can plan how to spend the money, because they're finally getting it.

All seven of the teams rookies, including first-round picks Tavon Austin and Alec Ogletree, agreed to terms on their deals Thursday, according to a person informed of the agreements. The person spoke on condition of anonymity because the team hasn't announced the agreements.

The person said Austin, the No. 8 overall pick received a fully guaranteed four-year deal worth $12.751 million along with a signing bonus of $7.653 million. The person said there's no offset language in the contract, which is pretty much the only negotiable issue for the top-10 picks under the new collective bargaining agreement.

Offset language means teams receive a credit for any future guaranteed money if they cut a player and he signs elsewhere. Whatever the player earns from his new team is subtracted from what his old team owes him.

The Rams didn't give their previous two first-round picks (defensive linemen Michael Brockers and Robert Quinn) any offset language, which was an indication Austin wasn't going to get any either.

Austin becomes only the second top-10 pick to sign, joining Detroit Lions defensive end Ziggy Ansah, who also received no offset language. Many of the other picks in the top 10 continue to negotiate with teams that want offsets in the contracts.

There was no question Austin's deal would be done sooner rather than later. But in an age when players are often reckless spenders, the Rams wanted to educate the players first.