Cornerback Paul Oliver agreed to a four-year contract with the following base salaries:
His signing bonus is around $408,000.
Oliver will be competing for a role in San Diego's dime defense this season. However, the former University of Georgia standout defensive back should be able to compete for role in their nickel defense in 2008 since the club isn't expected to re-sign starting CB Drayton Florence.
Former first-round pick CB Antonio Cromartie is expected to eventually replace Florence who is on the final year of his contract.
Earlier in the day, RavensInsider.com's Aaron Wilson reported the Baltimore Ravens signed supplemental draft selection OT Jared Gaither to a three-year deal.