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    Home»Sports»Packers»Packers 2022 Salary Cap After Jaire Alexander Deal
    Packers

    Packers 2022 Salary Cap After Jaire Alexander Deal

    McQuade ArnoldBy McQuade ArnoldMay 16, 2022No Comments2 Mins Read
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    Jaire Alexander got the bag today, as the kids might say. The Green Bay Packers and Jaire Alexander came to an agreement on a four-year $84 million contract extension. This will keep the star cornerback in Green Bay through the 2026 season.  While the official numbers have not come out yet, based on what we know so far, we have a rough estimate on how much money this can save the Packers for this off-season.

    Contract Number / Salary Cap Impact

    Alexander’s deal includes a league minimum base salary of $1.076 million and a signing bonus of $30 million.  The signing bonus being a record-high for a defensive back. With the bonus being spread out over the next five seasons, Alexander’s cap hit for the 2022 season could be as low as $7.076 million.  This move could free up as much as $6.2 million in salary cap space for the Packers this season.  This would give the Packers plenty of cap room (between 6-8 million) to get through this season and enough flexibility to potentially sign another veteran.

    The cost of free agent wide receivers:

    Julio Jones was set to be a $14 million dollar cap hit for the Tennessee Titans in 2022. He would have to come down from that number pretty significantly if he wants to play with Aaron Rodgers.

    Will Fuller had a cap hit of just over $10 million for the dolphins in 2021. He is a very likely candidate to take a veteran minimum type deal for Green Bay.

    Odell Beckham JR has had a cap hit throughout his career averaging around $10 million.  His highest ever cap hit was $17 Million in 2019.

    It will be a wait and see type of situation to see if Green Bay is able to snag one of these (or other) wide receiver free agents.

    For More Wisconsin Sports News…

    Follow me on Twitter at @mcquadewarnold 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!

     

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    McQuade Arnold
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    McQuade Arnold graduated from American Military University with an associates in General Studies and is currently pursuing his Bachelors in Sports Marketing. He has been active duty in the United States Navy for 9 years and is currently stationed in San Diego, CA. He is originally from Superior, WI and is a die hard Packers, Badgers, Brewers, and Bucks fan!

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