All off-season long, one of the biggest priorities was keeping Jaire Alexander in Green Bay. Today Green Bay locked up the superstar cornerback.
Jaire’s massive extension:
Packers and Pro-Bowl CB Jaire Alexander are finalizing a 4-year, $84 million contract extension, per source. Deal includes $31 million in 2022 – a DB record of $30 million in signing bonus. Alexander will receive $42.5M by March. @JohnThornton of @RocNationSports confirmed deal.
— Adam Schefter (@AdamSchefter) May 16, 2022
The news was reported Monday morning by ESPN’s Adam Schefter. The deal averages out to $21 million per year. It includes a $30 million signing bonus, which is a record for defensive backs. Schefter reports that Alexander will receive $42.5 million by March.
The base salary this season will be $1.076 million, which helps the Packers with the salary cap A LOT.
Alexander's previous base salary for this year was $13.29M, and all of it counted against the cap #Packers https://t.co/GkhS2nME7K
— Chris Roth (@rothchris) May 16, 2022
Not only does Green Bay lock up their star cornerback, but they clear over $10 million in Space in the process. This type of move gives you optimism that there will be another free agent acquisition this off-season. Possibly a wide receiver? We’ll see.
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