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Buccaneers sign third punter in Karl Schmitz

The Tampa Bay Buccaneers have signed punter Karl Schmitz, according to Greg Auman of the Tampa Bay Times. Auman notes that the Bucs will carry Schmitz in addition to veterans Michael Koenen and Spencer Lanning, and will let the three fight for a starting job.

While Schmitz was waived by the Denver Broncos last week, he hasn't punted competitively since leaving college after the 2008 season, but he participated in a veteran combine this year to be signed by the Broncos.

The Bucs are set to pay Koenen $3.