Ever since Ted Thompson returned in 2005 to take over as general manager of the Green Bay Packers, the team has been in an excellent financial position. With Andrew Brandt and Russ Ball running the team’s financial division and the team putting a heavy reliance on a draft-and-develop approach, the Packers have generally avoided getting themselves into untenable salary cap positions.
The 2021 season, however, is going to be a different story thanks to the COVID-19 pandemic. The drop in league revenues in 2020 is widely expected to cause the salary cap to drop this offseason, which will put many teams, including the Packers, in a bind.