Tuesday, March 25, 2014
Deals so far cost $24 million in guarantees
By Rob Demovsky
GREEN BAY, Wis. -- The seven players the Green Bay Packers signed or re-signed since the start of free agency received a total of $24.175 million in guaranteed money.
However, more than 80 percent of that went to two players -- cornerback Sam Shields ($12.5 million) and defensive end Julius Peppers ($7.5 million).
All of the guaranteed money came in the form of signing bonuses. For salary-cap purposes, that means each player's bonus will be prorated over the life of the contract. For example, Shields' bonus will count for $3.125 million on the salary cap during each of the contract's four years.
Let's review the highlights of each deal the Packers have done:
Sam Shields, CB
Details: Four years, $39 million, including a $12.5 million signing bonus.