Details were expected to be released during a Thursday evening news conference at the Cowboys headquarters in Valley Ranch.
Bryant was selected as the 24th pick in the first round of the National Football League draft last April.
In 28 games over his three-year college career, Bryant had 147 catches for 2,425 yards (16.5 avg.) and 29 touchdowns.
Bryant came to terms as the Cowboys prepare to begin their first training camp workouts in San Antonio on Saturday.