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According to both the Associated Press and Milwaukee Journal Sentinel, agent Alan Herman said his client agreed to a four-year deal that could be worth up to $30 million, with much of the money coming in performance-based escalators. Grant will make $4.25 million this season.
Grant was an exclusive-rights free agent but refused to sign his tender offer from the team in hopes of working out a long-term deal. He did not report to camp earlier this week, and talks between the two sides had stalled until late in the week.
"We never approached this with the idea of breaking the bank and treating it as an unrestricted situation, because it isn't," Herman said.
According to AP sports writer Chris Jenkins, Grant and Herman plan to be in Green Bay on Sunday to review and sign the contract. Grant could report to camp in time for Sunday's "Family Night" scrimmage at Lambeau Field, although it is unclear whether he would practice right away.
Grant, acquired by the Packers in a trade with the New York Giants just before the start of last season, became the starter in the second half of the season and rushed for 956 yards and eight touchdowns. He added 201 yards and three touchdowns in Green Bay's playoff victory over Seattle.
Grant participated in the Packers' offseason workout program but sat out offseason practices because he didn't have a deal in place.
It's worth noting that Brandon Jackson has been impressive working with the first team in Grant's absence.
While Grant's brief training camp holdout won't cost him the No. 1 spot, Journal Sentinel staffer Tom Silverstein believes Jackson might be entrenched far enough that the two will share the starting position.
While that seems like a bit of a reach, head coach Mike McCarthy has been lauding Jackson's improvement since late last season and throughout the offseason, but it remains to be seen whether he'll prove to be a productive runner after his nondescript rookie year. Remember: Jackson is one of five players who have made the biggest strides in the Packers' off-season weight training program, according to strength and conditioning coach Rock Gullickson. ...
Meanwhile, after ESPN's Ed Werder reported this morning that Brett Favre might be leaning against taking the Packers' $20-25 million marketing deal and reporting to camp when reinstated by the league, NFL Network insider Adam Schefter reported this afternoon that Favre is leaning toward taking the money and walking away from the game.
I know. It's hard to imagine Favre struggling with a decision. ...
The good news? We should have resolution soon. NFL Commissioner Roger Goodell, appearing on NFL Network prior to this afternoon's Hall of Fame enshrinement ceremony, said he's ready to "force" the two sides to bring this train wreck to a conclusion as quickly as possible.
I'll obviously have more on the Favre situation as it plays out. Those interested will want to keep a close eye on the News & Views section of the site, where I'll continue to post the back and forth through resolution.