3. Release De'Vondre Campbell
Cap savings: $2.6 million
De'Vondre Campbell made a significant impact on defense as a first-team All-Pro in 2021, making 146 tackles, two sacks, six QB hits, five pass defenses, and two interceptions. Per Pro Football Reference, he allowed a passer rating of just 74.9 in his coverage.
Compare that to this season. Campbell played in 11 games but made 75 tackles, no sacks, two QB hits, one pass defense, and no interceptions. He allowed a passer rating of 111.2 in his coverage, a career-worst.
Campbell battled injuries and struggled for consistency. He wasn't helped by the scheme, either. The Tampa Bay Buccaneers regularly had star wide receiver Chris Godwin match up against him, and then-defensive coordinator Joe Barry had no solution.
Campbell has given Green Bay's defense some excellent moments since his arrival in 2021, but he turns 31 in the summer and missed six games this season.
Like Smith's deal, the Packers would make a modest cap saving of $2.6 million in 2024, but importantly, moving on would remove upcoming cap hits of over $12 million in the following two seasons.
Quay Walker is a starter in the middle of the defense, and Isaiah McDuffie has also played well. They could be Green Bay's starting linebackers in 2024.