On Saturday morning, the Green Bay Packers allowed some salary budget space.
Per NFL Network's Ian Rapoport, the Packers restructured the contracts of cornerback Jaire Alexander and outside linebacker Preston Smith. They created over $15 million in cap space because of those moves
Before his deal was changed, Alexander was expected to earn over $20 million the following season. There was a $13 million forecast for Smith.
Despite the Packers missing the postseason in 2022, both players had good seasons.
Smith played in 17 games and concluded with 59 total stops (38 solos), 8.5 sacks, one forced turnover, and one pass defense. Alexander participated in 16 games, recording 56 overall stops (43 of them unassisted), 5 interceptions, and 14 passes defended.
Both have contracts that expire in 2026
Aaron Rodgers has returned from his darkness retreat, so the Packers will now watch his decision-making process.