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Neal's Contract Details

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Neal's Contract Details

Green Bay Packers second-round draft choice Mike Neal agreed to terms on his rookie contract yesterday, as the rookie himself announced on Twitter.

According to Brian McIntyre of Cheesehead TV's The Other 31, the details of Neal's contract are as follows:

Per a league source, Neal received a $1.16 million dollar signing bonus, and will earn minimum base salaries throughout the next four seasons. Those salaries are $320,000 (2010), $405,000 (2011), $490,000 (2012), and $575,000 (2013).

Neal also has a $491,500 one-timer clause in his contract, which can be achieved through minimal playing time and a team qualifier. If the one-timer is received, Neal’s four-year deal will be worth $3.441 million dollars, including $1.651 million in guarantees.

Once the signing becomes official, first-round draft choice Bryan Bulaga will be the only Packers draft choice yet to sign a contract.

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ZeroTolerence's picture

Must be official - listed on the transactions page of the Packers official web site (and was prior to this post).

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