Packers RB Ryan Grant Agrees to Take a Pay Cut

Earlier this month, Packers running back Ryan Grant agreed to a restructured contract that reduced his base salary by $1 million, Bob McGinn of the Milwaukee Journal-Sentinel reports.

Grant’s salary dropped from $3.5 million to $2.5 million, but that amount is fully guaranteed, which assures Grant of a spot on the team’s 53-man roster. Grant also received a $1 million roster bonus this month, and has $750,000 in per game roster bonuses ($46,875 each) throughout the 2011 season.

The 28-year-old Grant, who missed all but one game during the Packers’ Super Bowl season with an ankle injury, will be a free agent after the season.

Prior to his injury, Grant was coming off back-to-back 1,200-yard seasons and had a career-high 11 rushing touchdowns in 2009. The Packers have improved depth with 2010 sixth-round pick James Starks (who rushed for 315 yards during the 2010 playoffs) and 2011 third-rounder Alex Green.

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