Ravens sign former Browns, Colts, Raiders RB Trent Richardson

Richardson gets a chance with Ravens (2:23)

ESPN NFL Insider Phil Savage breaks down whether running back Trent Richardson, who was out of football in 2015, has a realistic chance of making Baltimore's roster. (2:23)

Running back Trent Richardson officially signed with the Baltimore Ravens on Monday after working to get his weight down the past two months.

Richardson, the No. 3 overall pick of the 2012 draft, was out of football last season. Terms of the deal were not immediately announced.

The sides first talked in February, but the Ravens wanted Richardson to be in better condition before signing him. He reached a deal on Monday morning, just before the start of the Ravens' offseason workout program.

Richardson, who will turn 26 in July, needs a strong offseason and training camp to find a spot in Baltimore's crowded backfield. The Ravens currently have Justin Forsett, Buck Allen, Lorenzo Taliaferro, Terrance West and Terrence Magee at running back.

One of the bigger busts of the 2012 draft, Richardson has played for the Cleveland Browns, Indianapolis Colts and Oakland Raiders. He has struggled with injuries and his weight over his three-year career, averaging 3.3 yards per carry.