Jaire Alexander is now a member of the Green Bay Packers as he signed his contract with the team on Tuesday. And now we know how much the Packers’ first-round pick will make during his four seasons with the team. According to Ian Rapoport of the NFL Network, the details of Alexander’s contract have been revealed. Because of the recent collective bargaining agreement, the money has been slotted for each draft pick so Alexander pretty much knew how much he was going to earn when signing with the Packers.

Here’s a quick look at the details of Alexander’s contract.

Years: 4 (with fifth-year option)

Total value: $12.1 million

Signing bonus: $6.8 million

NFL Draft picks sign four-year contracts once they enter the league. However, for first-round picks, they can be with a team for five years with the team having to pick up the fifth-year option which has to be decided after the player's third year in the league. Spotrac projected Alexander would sign a contract of $12,147,942 with a signing bonus of $6,914,867 and a 2018 cap hit of $2,208,717.

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Alexander was drafted by the Packers at No. 18 overall last month. The Packers originally had the No. 14 overall pick, but they traded it to the New Orleans Saints who had the No. 27 pick. It turned out to be a good move for the Packers because not only were they able to trade up to No. 18 with the Seattle Seahawks to grab Alexander, they were able to earn an extra first-round pick from the Saints. So the Packers were able to get Alexander and get an additional first-round pick for 2019 all in one night.

The Packers always had Alexander on their radar. The Louisville alum burst onto the scene in 2016 when he recorded five interceptions and nine passes defended. Injuries caused Alexander to not see as much action in 2017, but he was still a shutdown cornerback when healthy, allowing an opposing passer rating of 19.9 which ranked first in the country. The Lousiville alum will have a chance to see a lot of action his rookie season as the Packers were looking for more help at the cornerback position.

Now that Alexander is signed, the Packers can now focus on getting their final two draft picks under contract. Second-round pick Josh Jackson and third-round pick Oren Burks are the only two Packers from the 2018 draft class who have yet to sign, but with Alexander signing his deal, both Jackson and Burks should get signed in the very near future. The Packers were able to sign their other eight draft picks during rookie orientation with long snapper Hunter Bradley and punter JK Scott being the first two to be official members of the team. It would not be a surprise to see Jackson and Burks sign their contracts when the Packers begin OTAs next week.