With just over $33 million in available cap space at the moment, according to Spotrac, the Packers have themselves ample resources to add significant outside help this offseason. But first they need to create more cap space.
The Packers can start by letting go of Nick Perry. If he is released after June 1, they will save over $10 million in cap space. Free agency occurs before then, so the Packers will have to operate under the assumption that Perry’s huge contract will be off the books. They should also be willing to let several free agents walk.