Jaire Alexander's run in Green Bay officially comes to an end after the two sides failed to find common financial ground.
The 28-year-old cornerback, who inked a four-year, $84 million extension back in 2022 and later restructured the deal in 2023, was under contract through 2026. There was a time when Alexander stood toe-to-toe with the very best in the league at his position. But ongoing injury setbacks, most notably to his knee and shoulder, limited him to just 14 appearances over the last two seasons.
A two-time Pro Bowler (2020, 2022), Alexander recently skipped the team’s voluntary offseason program but was expected to be on hand for next week’s mandatory minicamp. Still, after trade talks failed to gain traction, GM Brian Gutekunst opted for a clean break.
The team reportedly tried to hammer out a reworked deal that would’ve seen Alexander earn $17.5 million this year, but those negotiations hit a wall. As a result, Green Bay will cut ties, and clear more than $17 million in cap space in the process.