Redskins sign CB Buchanon

One day after he visited Redskins Park, veteran cornerback Phillip Buchanon has signed a one-year contract with the club worth $1.5 million, according to ESPN's Adam Schefter. Buchanon could earn up to $750,000 if he reaches certain incentives.

The 17th overall pick in the 2002 draft for the Oakland Raiders, the 29-year-old Buchanon has had a disappointing career. He has 18 career interceptions, five of which have been returned for touchdowns. But he hasn't been able to stick with a team long since being traded from the Raiders.

"We are very excited to add a veteran corner, such as Phillip, to our defensive backfield,” said Mike Shanahan in a press release Monday. “He has had a lot of success in this league and brings with him the ability to create turnovers. He will be a big part of what we are trying to accomplish defensively in Washington ."

The Washington Redskins have avoided the big-ticket items in free agency this offseason, instead opting for veteran players in need of a fresh start. I still think Washington will regret signing a malcontent such as running back Larry Johnson, but veterans such as Maake Kemoeatu and Buchanon make sense. They come at a relatively low cost and they both have the potential to play a significant role on defense.

Buchanon played in 13 games for the Lions in '09 but did not have an interception. He was banged up in a game that caused Browns coach Eric Mangini to launch allegations of the Lions faking injuries to slow down Cleveland's no-huddle offense.