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HomeSportsFootballNFL News: Report: Packers rework deals, clear $16M in cap space

NFL News: Report: Packers rework deals, clear $16M in cap space

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The Green Bay Packers reportedly cleared more than $16 million salary cap space by reworking two contracts.

They restructured deals for cornerback Jaire Alexander and defensive end Preston Smith, NFL Network said Saturday.

The Packers freed up $9.456 million with Alexander’s contract and another $6.668 million with Smith’s, per the report.

Alexander, 26, made his second Pro Bowl and posted a career-high five interceptions in 16 starts in 2022.

Smith, 30, started all 17 games and led the Packers with 8.5 sacks and 20 quarterback hits last season.

–Field Level Media

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