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Report: Glenn, Packers agree to terms

Another step forward was taken in the Terry Glenn-to-Green Bay scenario, with the wide receiver and Packers coming to terms on a financial agreement, according to the Milwaukee Journal Sentinal.

Another step forward was taken in the Terry Glenn-to-Green Bay scenario, with the wide receiver and Packers coming to terms on a financial agreement, according to the Milwaukee Journal Sentinal.

According to the report, which got confirmation from NFL Players Association legal counsel Richard Berthelsen, a deal has been agreed upon verbally, but not signed. The only issue left would then be the grievances Glenn and the Patriots have against one another.

The sides must reach a settlement on the grievances, which are scheduled to begin being heard this Friday. Glenn and his agent, James Gould have said they would be willing to work out a settlement if a trade was set up and Glenn was able to get a satisfactory deal with another team, namely Green Bay.

Asked about the deal between Green Bay and Glenn, Berthelsen told the Journal Sentinal, "At least an agreement in principle. There is an oral agreement. There isn't a signed contract yet."

There were no terms announced for the deal. Berthelsen also confirmed that the Packers and Patriots have agreed on compensation for Glenn, although he declined to reveal what it is.

Several reports this week have put the price at a fourth-round pick in this year's draft and a conditional pick next year based on how well Glenn plays.

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