As the Packers map out their offseason, they have a number of important decisions to make. Among the most notable of those is a call on Jaire Alexander. 
Green Bay made Alexander the league’s highest-paid cornerback when he inked a four-year, $84MM extension in the spring of 2022. While his $21MM AAV has since been surpassed on two occasions, expectations have remained high as a result of the pact. Alexander has delivered strong play when on the field since signing his second contract, but the frequency with which he has been sidelined (along with perceived tension with the team) has led to speculation about a release.
“There’s frustration, I think, on both sides, from the fact he can’t get out there,” general manager Brian Gutekunst said when speaking about Alexander’s situation (via Ryan Wood of the Green Bay Press-Gazette). “That’s tough. I feel for him because he wants to be out there, he wants to play. But no disconnect.”
While it is certainly possible at this point that the Packers could elect to keep the former first-rounder in place for 2025, a parting of ways would not come as a surprise. Indeed, ESPN’s Rob Demovsky writes there are “strong indications” Alexander will not be back, adding multiple sources from within the organization are frustrated with his injury-driven absences. After making 16 appearances in 2022, the Packers’ top cover man has been limited to seven games in each of the past two years.
Alexander is set to carry cap hits of $24.96MM and $27.38MM in 2025 and ’26, the final two years of his pact. A release before June 1 would not create a net savings for the team, but a post-June 1 designation would yield just over $17MM in cap space along with a dead money charge of $7.88MM. Those funds could be put towards a less expensive replacement at the CB spot as the Packers also seek out upgrades along the defensive front through free agency and the draft this spring.
In addition to making a decision on Alexander, Green Bay will look to find stability at the kicking spot. The Anders Carlson selection in 2023 did not go as planned, and the Packers spent last offseason cycling though several options at the position. Brandon McManus proved to be a worthwhile midseason addition, though, connecting on 20 of his 21 field goal attempts and each of his 30 extra point kicks. Despite one miss in the wild-card round of the playoffs, McManus is a priority for the Packers with respect to a new deal.
“If we were able to get Brandon back, I think certainly that would make me feel very, very, very good about that [specialist] group,” Gutekunst said (via Demovsky) when asked about retaining McManus.
The Packers currently sit mid-pack in terms of projected cap space, and a modest deal is no doubt all that will be required to keep McManus in place. Green Bay could free up additional funds by moving on from Alexander, and his situation will remain one to watch closely as cost-cutting season unfolds around the league.