5:17pm: The deal is actually for one year, not two as announced, tweets Ian Rapoport of NFL Network.

3:59pm: The Buccaneers have re-signed running back Bobby Rainey to a two-year contract extension, according to Scott Smith of Buccaneers.com. Rainey had been an exclusive rights free agent.

After seeing limited playing time with the Browns during the first few weeks of the 2013 season, Rainey was waived and landed with the Buccaneers. After starting running back Doug Martin and backup Mike James suffered season-ending injuries, Rainey got an opportunity to act as Tampa Bay’s featured back during the second half, racking up 532 yards and five rushing TDs on 137 carries.

Martin and James are expected to be healthy for 2014, but Rainey’s performance in 2013 could earn him a few carries going forward. At the very least, he’ll be reliable security blanket in the event of further injuries to the team’s top backs.

Because Rainey is entering his third season, the two-year deal locks him up for one ERFA season and his RFA season. At the end of the deal, the 26-year-old out of Western Kentucky should be eligible for unrestricted free agency.