3. Aaron Jones
The Packers don’t typically give second contracts to running backs. They made an exception with Aaron Jones, but given how the deal was structured, it always felt like it was a two-year extension with the aim to move on following the 2022 season.
Jones has had cap hits of $4.46 million and $5.9 million over the past couple of years, but it rises to $20.02 million in 2023 and $16.02 million in 2024.
The former Pro Bowler is entering his age-28 season. Will Green Bay want to take on those huge cap hits for Jones as he nears 30?
As noted before, there will be an option to move on at the end of this season. If the Packers were to release Jones next spring, they would save over $10 million. However, they would still take on a dead cap hit of $9.58 million, which is a lot to pay a player no longer on the roster.
The Packers structured the deal in a way they needed to last offseason. And re-signing Jones proved to be a good decision as he put up over 1,000 yards from scrimmage in 2021 and has shown no signs of slowing down.
However, there is a possibility the team moves on in 2023, and the dead cap hit they will be left with is a big one.