Eagles, Carson Wentz expected to agree to terms on rookie contract [UPDATE]

The Philadelphia Eagles have officially signed seven of their eight picks from the 2016 NFL Draft so far. Now the team is on their way to wrapping up their entire rookie class just three weeks after the draft started. According to ESPN's Ed Werder, Carson Wentz and the Eagles are expected to agree to terms on his rookie deal when he arrives in Philadelphia today. Wentz is coming to town for the upcoming Eagles' rookie minicamp.

Wentz's deal is expected to be worth roughly $26.6 million over four years, according to former NFL agent Joel Corry. That figure includes a signing bonus of roughly $17.6 million. Corry also notes that Wentz's deal "probably has offset [language] and 2017-2019 training camp roster bonuses since he's signing so quickly." Keep in mind that all first round picks have a fifth-year team option that is guaranteed for injury only.

The Eagles have been able to agree to terms with these rookies so quickly because now that contracts are slotted, there isn't much room for negotiation. Signing rookie contracts has largely become a formality, but it's good for the Eagles that they've taken care of this business long before training camp begins later this summer.

UPDATE: Carson Wentz officially signed his rookie contract.