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Update on the Packers' latest signing: sports fan rejoice!

Packers fans around the world have been waiting with baited breath to see who their team would be signing to add depth and versatility to the Green Bay offense. All we knew about the possible new receiver was that he had been signed to fill the void left by Jordy Nelson's devastating knee injury, but nothing about his game or personality had yet been revealed to the public at large. That changed today when he held a news conference at Lambeau Field, answering reporters' questions and dispelling some myths surrounding his previous performance on the field and off it. Here are some of the highlights from his appearance today

Green Bay makes it official

Rodgers is back, baby. The star quarterback officially signed a new four-year deal to remain with his beloved Packers. We're all glad it's done and he's going to be here for a long time, said President Mark Murphy after Rodgers put pen to paper. I think (Rodgers) got tired of waiting. And fans are probably tired of hearing about it too—but hey, at least there’s football news now!





The deal's structure

The deal contains a team option for a third season at $10 million. A $3 million roster bonus is due in 2018. There are per-game roster bonuses and workout bonuses each year, too. For example, in 2019, he would receive a $500,000 bonus if he's active for 10 games and another $500,000 if he participates in 90 percent of offseason workouts.

The good and bad with Daniels

Sports are a great pastime for people of all ages, and those who play professionally are paid handsomely for their prowess. The Green Bay Packers recently signed DE Daniels to a 3-year contract extension worth up to $42 million. His first year will be his most lucrative at $10 million; however, in future years he is unlikely to make more than $6 million per season as he continues to age.




Where does that leave the rest of free agency?

It’s very likely that wide receiver Jordy Nelson will be cut by his longtime team, but Nelson would still count towards a team’s cap space even if he doesn’t play another down. The New York Jets are reportedly very interested in taking over his contract. There is also a chance Nelson agrees to a restructured deal with Green Bay, although it seems unlikely he will agree to anything more than an additional year at his current salary of $10.25 million.

Can the Pack afford to sign Preston Smith?

The free-agent market for edge rushers didn’t look good for Smith’s agent, Vann McElroy. First, Trey Flowers signed a big contract with Kansas City. Then, Smith’s former teammate in Washington, Ryan Kerrigan, re-signed with the Redskins and got a nice pay raise.