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    Home»Sports»Packers»Packers: Current state of the Salary Cap
    Packers

    Packers: Current state of the Salary Cap

    McQuade ArnoldBy McQuade ArnoldMarch 27, 2022Updated:April 19, 2023No Comments2 Mins Read
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    After the Davante Adams trade, 3 free agent signings, multiple contract restructures, the Packers salary cap is still pretty tight.  Ken Ingalls (@KenIngalls) has broken down the salary cap extremely well.

    2022 Green Bay Packers Salary Cap – 3/25/22 Cap 

    • Right Now: $15,261,361 Cap
    • After Draft: $10,230,420 Cap
    • Top 51 Salary Cap Space – Future Moves: $10,230,420
    • Effective At Season Start: $77,620
    • Packers need more cap space for in-season operations.  The can get that from Jaire, Lazard, Lowry & Crosby extensions / restructures: 

    unnamed file 3

    These numbers are up to date with all of Green Bay’s transactions as of 27 March 2022.

    What do these numbers mean?

    Per Over The Cap (OTC), Green Bay’s $15,139,028 in available cap space after factoring in the deals for tight end Robert Tonyan, cornerback Rasul Douglas, defensive lineman Jarran Reed includes $5,870,941 needed to sign this year’s rookies.
    How do we arrive at that number? OTC has the Packers’ rookie pool (total cap dollars needed to sign rookies) at $13,625,941 but notes that “the cap space required to (sign rookies) is less than the rookie pool. This is because every draft pick signed will replace a player already counting against the cap (top 51 rule that only the 51 most expensive contracts determine cap space).” The effective cap space needed is equal to the rookie pool – ($705,000 x the number of picks). (Per Matt Schneidman on twitter)

    Taking a closer look, the Packers really don’t have much spending money if they take into account what they’ll need down the line for things like practice squad salaries and in-season signings. If the Packers can get a deal done with Jaire Alexander, that would free up cap space for this year. Alexander’s fully guaranteed fifth-year option is worth $13.294 million.

    In conclusion:

    The Packers can absolutely make more free agent signings this off-season, but they’ll need to make other moves in the process.  Extensions are the first option, however cuts are still possible as well.  Mason Crosby is a name to watch as a possible cut as Green Bay currently has 3 kickers on the roster.

    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 is a Co-Owner of Wisconsin Sports Heroics (WSH). He graduated from American Military University with an associate in General Studies and is currently pursuing his Bachelors in Sports Marketing. McQuade has been active duty in the United States Navy for 10 years and is currently stationed in San Diego, CA. He is originally from Superior, WI and is a die hard Green Bay Packers, Wisconsin Badgers, Milwaukee Brewers, and Milwaukee Bucks fan. McQuade's work for WSH has been featured on YardBarker, Bleacher Report, and MSN.

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