Who Needs College????

Former Ole Miss running back Vashon Pearson, who was declared academically ineligible for his senior season, has moved up in the world. It is being reported that Pearson has signed a contract with the Indianapolis Colts for a reported $1 million. However the contract is contigent on Pearson making the squad. I really do not understands what this means. How do they sign a guy for $1 million, yet he has not even made the team yet.