The Green Bay Packers may be under the NFL’s new salary cap ceiling for the 2024 season, but they need to make some fairly significant room under that cap number if they are to be relevant players in the free agency market this offseason. The team got started on that quest a few days ago when they restructured Rashan Gary’s contract, and on Wednesday they continued with their other starting edge rusher.
Preston Smith has three years remaining on a contract that he signed in 2022 and renegotiated last offseason, and now the team is further adjusting the deal for 2024 to reduce his salary cap hit:
The Packers and OLB Preston Smith have agreed to a restructured contract that creates $2.