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On Saturday evening news broke that the Green Bay Packers and cornerback Sam Shields have agreed to a four-year deal worth $39 million, first reported by ProFootballTalk.com.
According to Mike Florio:
Shields will receive a $12.5 million signing bonus, and his 2014 compensation is $15 million. By the second season, Shields is slated to have made $21 million, and the deal is worth $30 million through 2016.
Much of the focus on this deal is whether or not the Packers over-paid on a deal that is predicted to make Shields tied for the third-highest paid cornerback in the NFL based on his average salary per season ($9.75 million).
Since the NFL's new salary cap increased 7.5 percent over last season, it would be naive to think Shieds would make a salary on par with what cornerbacks made on the free agent market last offseason.
However, after seeing Miami Dolphins cornerback Brent Grimes agree to a four-year deal worth $32.025 million earlier in the week, fans may have been hoping for a more team-friendly deal that leaves the team more salary-cap space over the length of the contract.
On the positive side of the ledger, Shields' cap number reportedly only counts $5.625 million in the first season, per OverTheCap.com, thereby leaving the Packers with over $29 million in salary-cap space in 2014.
There's still plenty of room for the Packers to sign several of their own free agents like B.J. Raji, Evan Dietrich-Smith, extend the contracts of Jordy Nelson and Randall Cobb and perhaps even go outside the organization and sign a few free agents.
So in an attempt to get readers registered, encourage interactivity and get used to the new comment system here at Cheesehead TV, what do you think: Did the Packers overpay for Shields? Underpay? Pay fair market value?
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