Packers CB Sam Shields signs $2.023 million RFA tender

6/4/13 in NFL   |   IvanRogers   |   1352 respect

FanIQ | Sports Rumors, Gossip, Blogs, News & Discussion ForumsWith the offseason workout program beginning to heat up, it’s a good thing that the Green Bay Packers will have Sam Shields back on the field in time for the veterans minicamp in early June. The Packers cornerback Shields signed his restricted free agent tender with the on Monday, according to a person with knowledge of the situation.
The Packers had tendered Shields at the second-level in March, a designation worth a designation worth $2.023 million for the 2013 season. Although Shields did not receive an offer sheet from any of the other teams prior to April’s deadline, he opted not to sign the tender. The fourth-year veteran wanted a long-term contract with the team.  But since the Packers showed no urgency in getting down to a multi-year contract, Shields was expected to force their hand by skipping the team’s mandatory minicamp which begins this week.
Shields was already a no show at the Green Bay Packers’ OTA practices.
Several reports earlier on Monday indicated Shields’ agent Drew Rosenhaus was meeting with the Packers’ brass this morning to hammer out a long-term contract for his client. Both sides have been talking about a multi-year contract for Shields since before the NFL draft, there was an imminent likelihood that things could boil down to Shields signing his restricted free agent tender, since the Packers held exclusive rights to him.
If Shields had not signed his tender by June 11, the Packers could have reduced their offer to a 110 percent of his 2012 base salary, which would have come out as $540,000.
It shows good will on Shields’ part that he signed his tender to return to the team’s offseason program, while the move saves him from the situation of gambling on his financial future, especially with the time running out on the one-year contract.
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