Massive contract extension for CB Jaire Alexander
Adam Schefter reported that Green Bay Packers CB Jaire Alexander has agreed to terms on a new deal. The deal has a duration of 4-year and is worth $84 million. The deal includes $31 million in 2022 and a DB record of $30 million in signing bonus. Alexander will receive $42.5M by March 2023.
However, Alexander's base salary this year will be $1.076 million to get his cap number as low as possible this season. This is actually a pretty solid deal by the Packers. The deal, which is now done and finalized, makes the Pro Bowl CB the highest-paid at his position.
Nonetheless, this is a risky deal since Alexander has been struggling with injuries in the past. In fact, he appeared in just four games in 2021 due to a shoulder injury. He did, however, play in the playoffs game against the 49ers.
Alexander earned his first Pro Bowl berth in 2020 and got off to a good start in 2021, but he injured his shoulder and Week 4 and sat out the next 13 games. This is an example that if you want to keep your stud players, you need to be ready to pay the big bucks.
Hopefully, GM Ryan Poles is able to do the same with our superstar LB Roquan Smith very soon...
