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Deals so far cost $24 million in guarantees

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.

  • 2014 cash value: $15 million.

  • 2014 salary-cap charge: $5,562,500.

  • Full breakdown available here.

Julius Peppers, DE

  • Details: Three years, $26 million, including a $7.5 million signing bonus.

  • 2014 cash value: $8.5 million.

  • 2014 salary-cap charge: $3.5 million

  • Full breakdown available here.

B.J. Raji, DT

  • Details: One year, $4 million, including a $500,000 signing bonus.

  • 2014 cash value: $4 million.

  • 2014 salary-cap charge: $4 million

  • Full breakdown available here.

Mike Neal, OLB/DE

  • Details: Two years, $8 million including a $2.5 million signing bonus.

  • 2014 cash value: $5 million.

  • 2014 salary-cap charge: $3.75 million.

  • Full breakdown available here.

James Starks, RB

  • Details: Two years, $3.165 million including a $750,000 signing bonus.

  • 2014 cash value: $1,732,813.

  • 2014 salary-cap charge: $1,370,313.

  • Full breakdown available here.

Andrew Quarless, TE

  • Details: Two years, $3 million including a $350,000 signing bonus.

  • 2014 cash value: $1.425 million.

  • 2014 salary-cap charge: $1.25 million.

  • Full breakdown available here.

Letroy Guion, DT

  • Details: One year, $985,000 including a $100,000 signing bonus.

  • 2014 cash value: $985,000.

  • 2014 salary-cap charge: $985,000.

  • Full breakdown available here.