It seems like the Green Bay Packers are still recovering from losing their star wide receiver Davante Adams. That is a tough blow to recover from. But it seems like the franchise is not slowing down. With their star quarterback Aaron Rodgers back to lead the charge, the Packers make some more moves.
Recently, Green Bay made a new deal with their cornerback. The contract is lucrative, and it made Jaire Alexander the highest-paid cornerback in the history of the NFL. His average salary per year in the new contract is more than any defensive back in the league today.
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The Green Bay Packers offer a new deal to Jaire Alexander
Packers and Pro-Bowl CB Jaire Alexander are finalizing a 4-year, $84 million contract extension, per source. Deal includes $31 million in 2022 – a DB record of $30 million in signing bonus. Alexander will receive $42.5M by March. @JohnThornton of @RocNationSports confirmed deal.
— Adam Schefter (@AdamSchefter) May 16, 2022
The news was first broken by NFL insider Adam Schefter on Twitter. He wrote, “Packers and Pro-Bowl CB Jaire Alexander are finalizing a 4-year, $84 million contract extension, per source. Deal includes $31 million in 2022 – a DB record of $30 million in signing bonus. Alexander will receive $42.5M by March.” This new deal makes Alexander the richest CB in the league’s history. He earns more than Cleveland Browns CB Denzel Ward. Ward makes $21 million per year.
Another NFL insider, Ian Rapoport, revealed more details about the deal between the Green Bay Packers and Jaire Alexander. Rapoport broke down the four-year deal and gave us the details. According to him, Alexander will get a $30 million signing bonus, and in year one, he will receive $31 million. The CB will also get a roster bonus of $11.5 million in March. Year 2 will bring him another $45 million, and in year 3, Alexander will get a whopping $61 million. That’s a really huge contract. The Packers are firing all cylinders when it comes to signing their players.
The breakdown:
— $30M signing bonus, giving Jaire Alexander $31M in Year 1.
— Roster bonus of $11.5M in March.
— $45M through Year 2.
— $61M through Year 3. https://t.co/5jEO1XI68k— Ian Rapoport (@RapSheet) May 16, 2022
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Jaire Alexander with the Packers
The Green Bay Packers picked Jaire Alexander in the first round of the 2018 NFL draft. It didn’t take long for the CB to prove his worth. He soon became a staple in the Packers’ defensive lineup. In 2020, Alexander shined. He produced the best defensive grade and the best coverage grade that season. Nobody in the cornerback position was better than him.
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It could be one of the reasons why the Packers have locked down the CB till 2026. Fans think that the defensive star well earned the extension with the huge number.
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