TheDailyBlitz.com

The Denver Broncos signed cornerback Alphonso Smith, their second-round pick from Wake Forest, to a four-year contract with guaranteed money of $2.85 million today.

In order to draft Smith, the Broncos traded up with the Seattle Seahawks, who will receive one of the Broncos' first-round picks in 2010.

Champ Baily and Andre' Goodman, who signed a five-year, $25 million contract in the off-season, are projected as Denver's starting cornerbacks.

That being said, Smith, who will likely be the team's nickelback, is looking forward to the competition of training camp.

"I have a lot of respect for Andre'. He had one of his best years last year," Smith said. "And I have a lot of respect for Champ of course. We're all going into camp competing. As a competitor, you would love to play. You would love to start. But if it's not part of the recipe to become a winning team, you have to set that aside."

Rookies report to training camp Monday and five draft picks remain unsigned - Knowshon Moreno (first round), Robert Ayers (first round), Darcel McBath (second round), David Burton (fourth round) and Tom Brandstater (sixth round).