The Green Bay Packers sit in a decent spot financially entering free agency, thanks mostly to the restructuring of five big contracts over the last month. According to Over the Cap, the Packers have roughly $24 million in salary cap space, which ranks 10th overall among the 32 NFL teams. They are also one of just 13 teams with at least $20 million in space.
There are caveats here, however.
If (or when) Aaron Rodgers is traded, the Packers are going to take on a dead money hit and lose $9 million in cap space (unless the contract is significantly altered).