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    Home»Sports»Packers»Green Bay Packers Create Over $11 million in Cap Space with Latest Contract Restructure
    Packers

    Green Bay Packers Create Over $11 million in Cap Space with Latest Contract Restructure

    Robin AdamsBy Robin AdamsMarch 1, 2023Updated:March 16, 2023No Comments3 Mins Read
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    Green Bay Packers
    Green Bay Packers President Mark Murphy, left, and general manager Brian Gutekunst watch practice Tuesday, August 16, 2022 during training camp in Green Bay, Wis. It was the first of two days of joint practices for the Green Bay Packers and New Orleans Saints. Packers16 1
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    The Green Bay Packers went into the offseason needing to shed $14 million of salary cap space in order to just get under the salary cap. Through a series of restructures, plus running back Aaron Jones agreeing to take a pay cut, the Packers were able to get under the salary cap. Recently, Jaire Alexander and Preston Smith had their deals restructured, giving the Packers about $9.6 million in salary cap space.

    The Green Bay Packers Restructure Kenny Clark’s Contract

    According to ESPN’s Field Yates, the Packers have just restructure the contract of Kenny Clark. $13.835 million of Clark’s salary is being converted to a signing bonus and it gives the Packers an extra $11.068 million in salary cap space.

    When added to the aforementioned $9.6 million, this would mean that the Packers have over $20 million in salary cap space to work with.

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    Follow me on Twitter at @theotherRobin19 and follow us @WiSportsHeroics for more great content. To read more of our articles and keep up to date on the latest in Wisconsin sports, click here!

    FAQs

    Will the Green Bay Packers Make the 2023 NFL Playoffs?

    According to sportsbooks, the Green Bay Packers are currently ninth overall (+3000) to win the 2024 Super Bowl. This is the highest among 2022 non-playoff teams, signaling they’ll be playoff-bound.

    Who Do the Green Bay Packers Play in 2023?

    Aside from their divisional opponents (Vikings, Lions, and Bears), whom they place twice, the Packers play the Saints, Buccaneers, Chiefs, Chargers, and Rams at home in 2023. They’ll travel on the road to face the Falcons, Panthers, Broncos, Raiders, Giants, and Steelers.

    Who Owns the Green Bay Packers?

    The team is owned by Green Bay Packers, Inc., a publicly owned and traded non-profit. There are currently over 360,000 stockholders. Mark Murphy currently holds the role of Packers president and CEO, with plans to retire in 2025.

    How Many Super Bowls Have the Packers Won?

    The Packers have won four Super Bowls. These victories include Super Bowl 1 and Super Bowl 2 after the 1966 and 1967 seasons. Their next title came in Super Bowl 31, following the 1996 season. Their most recent championship was Super Bowl 45, crowning them the winners of the 2010 season.

     

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    Robin Adams
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    Robin Adams is the co-owner of Wisconsin Sports Heroics. One day, he hopes to have a beard as majestic as Tim Dillard's, be able to tell Dad jokes as well as Giannis, and have perfect eyebrows like Matt LaFleur. Robin's work for WSH has been featured on YardBarker, Bleacher Report, and MSN.

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