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There would be $24.48 million of dead money in 2024 from the 2024 through 2026 bonus proration.”
Source: https://fansided.com/2023/03/02/packers-aaron-rodgers-trade-when/
The stock exchange offer was announced on July 24 and closed on Friday, with the 23.8% proration coming in under expectations for 25% to 30% of tendered shares to be exchanged.