The Packers have created $10.892M in 2022 cap space by restructuring the contract of NT Kenny Clark, per source.
Green Bay converted $13.615 of Clark’s 2022 compensation into a signing bonus and added two void years to his deal.
Chipping away to create some space…
— Field Yates (@FieldYates) February 23, 2022
The work to get under the salary cap has officially begun for the Green Bay Packers.
According to Field Yates of ESPN, the team restructured the contract of defensive lineman Kenny Clark, creating almost $11 million in cap space.
The Packers converted over $13 million of base salary and roster bonuses due to Clark in 2022 into a signing bonus and added two void years to the end of his deal, allowing the team to spread the cap hit over five years and lower his cap number drastically in 2022.
Clark’s deal was one sure-fire way for the Packers – who entered the offseason needing to shed over $50 million in cap commitments – to create immediate space. His contract was structured in the right way (meaning he had base salary and roster bonuses to convert), plus he’s an elite player and only 26 years old. Pushing money into the future on his deal doesn’t carry with it a high amount of risk for the Packers.
Clark is a two-time Pro Bowler who had 4.0 sacks and 13 quarterback hits for the Packers last season.
Restructuring Clark’s deal is only the start of the work to be done. As was the case offseason, expect the Packers to restructure many more veteran contracts, including David Bakhtiari and Aaron Jones. The team also has several veterans that could turn into cap casualties.
