Packers save money on salary cap, re-work Aaron Jones’ contract
The Green Bay Packers kicked off their 2023 offseason in style, reworking Aaron Jones’ contract and potentially saving $9 million on their 2023 salary cap.
In their first major move since the season ended, Green Bay began their now-annual salary cap-cutting process by retaining one of their best players and reducing his salary for the upcoming season.
Jones was set to count for $20 million on next year’s cap, representing the highest figure for any running back. Ezekiel Elliott ($16.7 million), Derrick Henry ($16.4 million), and Alvin Kamara ($16 million) are the next highest-paid running backs in 2023. His cap hit was so high it was more than all but 12 quarterbacks and was the fifth-highest on the Packers’ roster.
The Green Bay Packers kicked-off the offseason by reworking Aaron Jones’ contract and potentially saving $9 million on the salary cap in the process.
ESPN’s Adam Schefter reported this move that includes an agreement on an $11 million salary for the 2023 season and a signing bonus of $8.52 million. This re-working indicates his cap hit will drop to that $11 million, although more information is needed to confirm that. If that’s the case, it will save a critical $9 million on the Packers’ cap for next season.
Jones was one of the Packers’ best playmakers last year. He racked up a career-high 1121 rushing yards along with 395 yards through the air despite splitting time with AJ Dillon. He’s extremely dangerous every time he touches the rock and made good things happen. The biggest complaint was that he didn’t touch the ball enough last season.
Green Bay has more work to do on its 2023 salary cap. They must get into legal standing before the 2023 season officially begins on March 15th, meaning they’ll have to rework some more contracts or release players to get their books in order.
This has, unfortunately, become an annual process for their front office. They continue to borrow from the future while trying to maintain some semblance of their current roster.
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Fortunately, this move with Jones appears to be different from the others. Instead of releasing him, they reworked his deal with no future money kicked down the road on the cap. This is a win-win for both parties.