As of mid-January, the Green Bay Packers sit at roughly $20 million over the effective 2023 salary cap, per Over the Cap. The site is working with an estimated salary cap across the NFL at $225 million.
The Packers are in a familiar spot. Each of the last two offseason, Packers general manager Brian Gutekunst and salary cap guru Russ Ball have worked tirelessly to dig out of a salary cap hole while keeping a competitive roster in place.
Can Gutekunst and Ball pull it off again in 2023?
Here are some simple methods the Packers will probably use to start digging out of this year’s cap hole:
Restructure Jaire Alexander
(AP Photo/Jeffrey Phelps)
Alexander just signed a new deal before the 2022 season, but his deal is already ripe for restructuring, just like the Packers intended.