The Indianapolis Colts' Andrew Luck and the Washington Redskins' Robert Griffin III signed their rookie contracts just before training camp opens and some two months after the Seattle Seahawks' Bruce Irvin became the initial 2012 NFL first-round draft pick to agree to terms. Under the new collective bargaining agreement, all NFL first-round draft picks can have four-year contracts with a non-negotiable fifth-year option, although not all will receive it.
| Pk | Player | Pos. | Team | Status | Contract |
|---|---|---|---|---|---|
| 1. | Andrew Luck | QB | Indianapolis | Signed | Four years, $22.1 million |
| 2. | Robert Griffin III | QB | Washington | Signed | Four years, $21.12 million |
| 3. | Trent Richardson | RB | Cleveland | Signed | Four years, $20.4 million |
| 4. | Matt Kalil | OT | Minnesota | Signed | Terms undisclosed |
| 5. | Justin Blackmon | WR | Jacksonville | Agreed | Terms undisclosed |
| 6. | Morris Claiborne | CB | Dallas | Signed | Four years, $16.26 million |
| 7. | Mark Barron | SS | Tampa Bay | Signed | Four years, $14.5 million |
| 8. | Ryan Tannehill | QB | Miami | Agreed | Four years, $12.688 million |
| 9. | Luke Kuechly | LB | Carolina | Signed | Four years, $12.58 million |
| 10. | Stephon Gilmore | CB | Buffalo | Signed | Four years, $12.1 million |
| 11. | Dontari Poe | DT | Kansas City | Signed | Terms undisclosed |
| 12. | Fletcher Cox | DT | Philadelphia | Signed | Four years, $10.24 million |
| 13. | Michael Floyd | WR | Arizona | Signed | Four years, $9.97 million |
| 14. | Michael Brockers | DT | St. Louis | Signed | Four years, $9.52 million |
| 15. | Bruce Irvin | DE | Seattle | Signed | Four years, $9.34 million |
| 16. | Quinton Coples | DE | N.Y. Jets | Signed | Four years, $8.8 million |
| 17. | Dre Kirkpatrick | CB | Cincinnati | Signed | Four years, $8.6 million |
| 18. | Melvin Ingram | LB | San Diego | Signed | Four years, $8.39 million |
| 19. | Shea McClellin | DE | Chicago | Signed | Four years, $8.27 million |
| 20. | Kendall Wright | WR | Tennessee | Agreed | Four years, $8.2 million |
| 21. | Chandler Jones | DE | New England | Signed | Four years, $8.17 million |
| 22. | Brandon Weeden | QB | Cleveland | Signed | Four years, $8.1 million |
| 23. | Riley Reiff | OT | Detroit | Signed | Terms undisclosed |
| 24. | David DeCastro | G | Pittsburgh | Signed | Terms undisclosed |
| 25. | Dont'a Hightower | LB | New England | Signed | Four years, $7.7 million |
| 26. | Whitney Mercilus | DE | Houston | Signed | Four years, $7.63 million |
| 27. | Kevin Zeitler | G | Cincinnati | Signed | Four years, $7.54 million |
| 28. | Nick Perry | DE | Green Bay | Signed | Four years, $7.5 million |
| 29. | Harrison Smith | FS | Minnesota | Signed | Four years, $5.78 million |
| 30. | A.J. Jenkins | WR | San Francisco | Signed | Four years, $6.95 million |
| 31. | Doug Martin | RB | Tampa Bay | Signed | Five years, $6.79 million |
| 32. | David Wilson | RB | N.Y. Giants | Signed | Four years, $6.68 million |
