The Green Bay Packers have officially locked up start Cornerback Jaire Alexander. Today he signed a 4 year, $84 Million Dollar extension with the Packers. He now becomes the fifth player on the Packers roster that will have a $20,000,000 dollar cap hit in 2023.
The Five Players Who Will Have a Massive Cap Hit:
- QB Aaron Rodgers: $31,623,570
- LT David Bakhtiari: $30,128,014
- DT Kenny Clark: $23,973,000
- RB Aaron Jones: $20,013,000
- CB Jaire Alexander: $20,000,000
The 2023 NFL Salary Cap is projected to hit a record $225 Million Dollars in 2023. Still, having five players account for $127 Million Dollars (roughly 56% of the cap) will continue to restrict Green Bay in free agent targets. I will likely take some restructuring to keep the band together another year, however not nearly as much restructuring as it took this off-season:
Super early Packers 2023 salary cap outlook:
If league cap increases $16.8M to $225M, Packers would be over the cap by about $21M after the draft ($31M by season start) – without free agents, extensions, restructures, etc.
The rising cap isn't outpacing the Packers backloading. pic.twitter.com/tl9KhObXGL
— Ken Ingalls – Packers Cap 💰 (@KenIngalls) May 17, 2022
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