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Packers Release Pro Bowl Cornerback Jaire Alexander to Free Up $17.1 Million Cap Space

Packers cited persistent injury setbacks, freeing Alexander to pursue new opportunities in free agency.

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Nov 17, 2024; Chicago, Illinois, USA; Green Bay Packers cornerback Jaire Alexander (23) gestures to the fans before the game against the Chicago Bears at Soldier Field. Mandatory Credit: David Banks-Imagn Images/File Photo
Jaire Alexander #23 of the Green Bay Packers reacts to an interception during the first quarter against the Dallas Cowboys in the NFC Wild Card Playoff game at AT&T Stadium on January 14, 2024 in Arlington, Texas.
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Overview

  • Alexander declined the Packers’ proposed pay cut and no trade partner materialized, prompting his release on June 9.
  • His post-June 1 cut yields about $17.1 million in salary-cap relief at the cost of roughly $7.5 million in dead-money charges.
  • The two-time Pro Bowler appeared in just 14 games over the past two seasons due to groin, back, shoulder and knee injuries.
  • GM Brian Gutekunst and president Mark Murphy emphasized availability as the deciding factor and trust Keisean Nixon, Nate Hobbs and Carrington Valentine to step up.
  • The 28-year-old cornerback is expected to test free agency with the Vikings, Steelers and Rams among likely suitors.