Rookie cornerback Kendall Fuller is the only Washington Redskins draft pick that remains unsigned.

Why is this the case for the Redskins third round pick?

Well, first of all, he’s not alone as an unsigned third rounder.

Of 36 players selected in the third round, only 10 are currently signed. There are just nine unsigned players total in rounds 2 and 4-7.

The Florida Times-Union’s Ryan O’Halloran did some research on the topic.

“It’s just a weird round,” a veteran agent said Friday according to O’Halloran. “I called the [NFLPA] a couple weeks ago to ask about it, and they said, ‘It’s the wild, wild West.’”

The NFL’s salary slotting for rookies has a loop hole in the third round. There’s an allowance for “additional” compensation in the round.

For Kendall Fuller’s slot in the draft, he has projected base salary of $629,606 per year for four years with a $718,424 signing bonus. That’s a contract worth $3,281,507.

That’s minus the “additional compensation.”

O’Halloran used the Jaguars third round choice Yannick Ngakoue as an example of how the third round loop hole leads to varying negotiations and has stalled the signings in the round.

“Per salary cap expert J.I. Halsell, the system also allows for ‘additional compensation,’ of $456,000 for Ngakoue ($76,000 in 2017, $152,000 in 2018 and $228,000 in 2019). But there is no language in place for what percentage of that the players should get. Thus, the negotiating.

“Last year, Houston receiver Jaelen Strong, the third round’s sixth pick (Ngakoue’s slot this year), got 62 percent ($249,000 of an available $402,000). Three picks earlier, Jaguars guard A.J. Cann received 75 percent ($311,000).

“The delay in signings occurs when the team and agent look at the slot since 2011 and see what they feel is an abnormality. The team feels a higher percentage was given in the previous years and they want to lower that or the agent feels the previous teams successfully low-balled the player and thus, a greater increase is required.”

As for Fuller, he has participated in the Redskins rookie minicamp and the first week of OTAs, despite not having signed a contract.

Fuller must be signed, however, to participate in training camp.

Last year, five of the third round picks didn’t sign until June with the latest signing on Julty 27th.