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Report: Packers rework deals, clear $16M in cap space

Dec 25, 2022; Miami Gardens, Florida, USA; Green Bay Packers cornerback Jaire Alexander (23) runs with the football after intercepting a pass during the fourth quarter against the Miami Dolphins at Hard Rock Stadium. Mandatory Credit: Sam Navarro-USA TODAY Sports

The Green Bay Packers reportedly cleared more than $16 million salary cap space by reworking two contracts.

They restructured deals for cornerback Jaire Alexander and defensive end Preston Smith, NFL Network said Saturday.

The Packers freed up $9.456 million with Alexander’s contract and another $6.668 million with Smith’s, per the report.

Alexander, 26, made his second Pro Bowl and posted a career-high five interceptions in 16 starts in 2022.

Smith, 30, started all 17 games and led the Packers with 8.5 sacks and 20 quarterback hits last season.

–Field Level Media

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