Packers sign first round pick Bryan Bulaga to 5 year contract

The Green Bay Packers have signed first round pick Bryan Bulaga to a 5 year contract worth $14.75 million with $8.76 million guaranteed.

The former Iowa Hawkeye was a standout in 2008 before suffering an injury in 2009 that limited his playing time. Bulaga seemed to be a prime candidate for a holdout since he was projected to go as high as the #6 pick to the Kansas City Chiefs.

Bulaga the 23rd overall pick in this year’s draft received a 6.9% increase in overall money and a 12.3% increase in guaranteed money over last year’s 23rd overall pick Michael Oher.

ESPNs Adam Schefter was the first to report the signing.

Check out  all of the 2010 NFL Draft Rookie Signings