Ian Rapoport has reported that the Packers have converted all of David Bakhtiari's $11.072 million roster bonus to a signing bonus. The move generates $8.3M in cap savings for the 2021 season. It adds $2.768M to Bakhtiari's cap numbers in each of the 2022, 2023, and 2024 seasons. The move does not affect how much cash Bakhtiari receives. Bakhtiari's cap numbers are now scheduled to be $10.99M, $22.77M, $26.27M, and $30.27M.
The Packers' decision to convert Bakhtiari's roster bonus to a signing bonus was almost universally predicted. Thus, nothing about the Packers philosophy or strategy for the offseason can be inferred from this move.