As expected, rookie tight end Colt Lyerla received no guaranteed money in the contract he signed with the Green Bay Packers earlier this week, according to Wes Hodkiewicz of the Green Bay Press-Gazette:
The three-year minimum contract Lyerla signed with the Packers did not include a signing bonus, according to an NFL source with access to the NFLPA salary information.
Lyerla, 21, will make $420,000 for the 2014 season, $510,000 in 2015 and $600,000 in 2016 so long as he remains on the active roster.
The Packers have not taken on much risk by signing the talented but troubled Lyerla.
Lyerla will not receive a dollar from the organization until he plays in a regualar season game, except for the per diem money all players receive in the offseason—regardless of the size of contract they signed—which doesn't count against the salary cap.
The Packers can cut Lyerla at any time between now and the start of the regular season and not owe him anything or have anything count against the salary cap.
Should Lyerla play out his three-year contract, he would become a restricted free agent in 2017.
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