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Sherels resigns for 1.4 million
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Just noticed the updated salary on Spotrac which is usually very accurate.  Looks like a 1 year deal with 1.4 and 500,000 guaranteed.  The previous 2 seasons his salary was 2 million per.  

Pretty good deal for a consistently Top 10 punt returner, very good special teamer, and below average emergency corner.
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