Earlier today, NFL Network’s Ian Rapoport claimed that the Green Bay Packers are still interested in the veteran receiver market, which brings us back to the elephant in the room: cornerback Jaire Alexander’s upcoming contract. Generally, when teams use salary cap wizardry to move around cap hits and free up cap space without releasing players, it comes almost exclusively from converting a player’s salary into a signing bonus, which gets spread over multiple years. Alexander, who is playing on a fifth-year option, is the only player with a base salary of over $5 million this year for the Green Bay Packers, set to bring in $13.
Jaire Alexander and where the NFL’s fifth-year options stand
