Why Packers just gained $10.57 million in cap space

   

The Packers just saw their salary cap space get bigger for the 2024 NFL season.

The Green Bay Packers greeted the second day of June with some significant cap space. It can be recalled that when Green Bay decided to part ways with linebacker De'Vondre Campbell, the team designated him as a post-June 1 release.

That meant $10.57 million worth of cap space for the Packers for the upcoming 2024 NFL season, as pointed out by Paul Bretl of Packers Wire.

“Coming into the 2024 offseason, Campbell still had three years left on his deal with the Packers and came with a $14.23 million cap hit. Had the Packers released Campbell without a post-June 1st designation, they would have had to absorb his entire $11-plus million dead cap hit on the 2024 salary cap.”

But since the Packers chose to make Campbell a post-June 1 release, that cap hit on Campbell will be shouldered by Green Bay through the next couple of seasons. In 2024, Green Bay will have a dead cap hit related to Campbell worth $3.657 million. In 2025, that amount will be at $7.971 million. For what it's worth, the biggest dead cap hit for the Packers for the 2024 campaign comes from former Green Bay star left tackle David Bakhtiari ($19.065 million) followed by ex-Packers running back Aaron Jones ($12.438 million). Bakhtiari remains a free agent while Jones signed a one-year deal with one of Green Bay's NFC North division rivals, the Minnesota Vikings.