The Green Bay Packers re-worked cornerback Jaire Alexander's contract before releasing him in order to take on his full dead money cap hit in 2025, and now the Packers have a little over $35 million of dead money sitting on the team's salary cap this year.
Dead money is the result of prorated money -- usually in the form of prorated signing bonuses -- accelerating to the current year's salary after player movement.
What is uncommon is the Packers' mechanism for taking on the dead money.
The Packers released Alexander after June 1, which should have split the dead cap hits between the 2025 and 2026 season.