Source: Packers' Grant Takes Pay Cut

By Adam Caplan
August 24, 2011

The Green Bay Packers have restructured the contract of veteran RB Ryan Grant’s contract, has learned.
Grant, who was to earn $3.5 million in base salary for 2011, had his base salary cut to $2.5 million earlier this month, a source confirmed.

UPDATE: Grant’s entire base salary is guaranteed for cap, skill and injury, another source confirmed. Grant’s $1 million roster bonus was paid earlier this month and he can earn an additional $1.8 million in incentives. As was the case in the previous deal, he has $750,000 in total per game roster bonuses ($46,875/game).
Grant’s salary cap number has been trimmed from $5.65 million to roughly $3.87 million.

With Grant’s base salary fully guaranteed, he will certainly be on the roster this season and will almost certainly still start.