Packers paying almost $17 million in dead money on 2023 cap
In order to keep their championship window open the past two seasons, the Green Bay Packers made a lot of moves to push money into future years.
This allowed them to create cap space then, but they knew that, eventually, they would have to pay for it.
We are now beginning to see the result of this.
According to Over The Cap, the Packers are currently set to pay $16.95 million in dead money next season.
A big chunk of that comes from void years the Packers added to contracts in recent years.
On Monday, seven Packers players’ contracts voided. Green Bay needed to have agreed new contracts with them to prevent paying dead money in 2023. But they didn’t.
Per Over The Cap, the Packers will pay $7.95 million in dead money on Adrian Amos’ contract. He may not even be on the team next season as he is a free agent.
Dean Lowry ($3.01 million in dead money), Jarran Reed ($1.49 million), Randall Cobb ($1.39 million), Marcedes Lewis ($1.05 million), Mason Crosby ($1.01 million), and Robert Tonyan ($500,000) could all be playing elsewhere next season, but the Packers will have to pay those numbers in dead money.
Green Bay will also pay $461,782 in dead money after releasing Amari Rodgers this past season.
Void years can be beneficial, as they help spread out salary cap costs over multiple years. It’s a great idea for teams competing in the short term, as it helps them create cap space, which can be used to build a competitive roster.
But at some point, it comes time to pay those dead cap hits. The Packers are finding that out in 2023 with so many voided contracts.
If the team runs it back with Aaron Rodgers, we probably haven’t seen the last of void years being added to contracts in order to save cap space in the short term.