A Nice Contract For A Top Cornerback - How Alexander's Deal Stacks Up

Adam Shefter reported that the Packers have re-signed Jaire Alexander. The details are up on Overthecap, which did not credit Shefter, so I infer that they have different sources. The extension reduces Alexander's cap number from $13.294 million to $7.076 million, thereby generating a cap savings of $6.218 million.

There are no surprises in the terms. Many people, including me, predicted that Alexander would get $21 or $22 million per year plus the $13.29 million he was due in 2022 on his fifth year extension for a 5-year deal in the area of $97.3 to $102.3 million. Alexander will earn $98.076 million over the next five years. That is $21 million per year in new money and the average over…