The Green Bay Packers are keeping a cornerback
The Green Bay Packers are working to restructure deals this week to clear cap space. The Packers appear ready to move on from quarterback Aaron Rodgers, who has requested a trade to the New York Jets. The Packers must shed cap weight and start building pieces for the Love era. The Packers were able to keep on a veteran cornerback through a restructure deal this week.
According to Field Yates with ESPN, the Packers have agreed to a restructure deal with cornerback Rasul Douglas. The Packers will clear $3.3 million in cap space for the 2023 season.
The Packers have restructured the contract of CB Rasul Douglas, creating another $3.3M in 2023 cap space.— Field Yates (@FieldYates) March 17, 2023
According to Over The Cap, the Packers have about $21 million in cap space left for 2023. The Packers have a mostly pedestrian free agency, as the team has lost several players from the 2022 season. They made only one signing coming from another team this week, which was for a long snapper. Now the Packers have some cash to go and sign players for next fall.
Douglas was considered a possible cap casualty for the Packers before the restructure was made. Ken Ingalls, who follows the Packers’ finances, suggested Douglas could be traded with Rodgers to the Jets. The Packers were due to pay Douglas $2 million at 3 pm Friday had the Packers not made the restructure deal Friday morning.
Rasul Douglas has a $2M roster bonus due at 3PM March 17 (tomorrow). I can't see the Packers paying that out as currently written.— Ken Ingalls – Packers Cap 💰 (@KenIngalls) March 16, 2023
His contract will likely be restructured or cut.
There is a chance he is part of the Rodgers –> Jets trade if it can be executed by tomorrow.