How much cap space will Packers have entering 2023 offseason?

Green Bay Packers, Brian Gutekunst (Photo by Michael Hickey/Getty Images)
Green Bay Packers, Brian Gutekunst (Photo by Michael Hickey/Getty Images) /

Yet again, the Green Bay Packers will have limited salary cap room available in the offseason as things stand.

This past offseason, the Packers had to make several roster moves just to get under the salary cap.

The good news is that things are in a better position for 2023, but only slightly. According to Over The Cap, the Packers are currently set to have $3.37 million in cap space next year.

The good news is that they are already under the salary cap, so don’t need to make big moves to effectively get back to zero. But they don’t have much to work with.

If Green Bay plans to be active in free agency, some roster moves will likely be required.

That could be contract restructures, it could be releasing players, or it could even include contract extensions to help lower 2023 cap hits.

But some moves will be required to re-sign their own free agents.

The Packers’ upcoming unrestricted free agents include Elgton Jenkins, Allen Lazard, Randall Cobb, Sammy Watkins, Robert Tonyan, Marcedes Lewis, Adrian Amos, and Dean Lowry.

It would seem there’s a good chance that many of those players could be playing elsewhere in 2023.

And that’s before we even consider Green Bay signing free agents from other teams.

It means that going all-in for another Super Bowl push may prove to be a challenge, even if Aaron Rodgers returns for another year. Freeing up the cap space required to make big moves could be too difficult.

Rebuilding might be the way to go. It would likely result in another tough season in 2023, but if Green Bay could offload some of its biggest contracts, it could help long-term. That may require taking on some difficult dead cap hits in 2023, but it could lead to a healthier salary cap beyond that.

It will be interesting to see which direction the Packers go in.