According to ESPN’s Field Yates, the Packers have converted $11.58 million of left tackle David Bakhtiari’s 2022 compensation to a signing bonus, which created significant cap space for the franchise.
A separate tweet from Tom Silverstein of the Milwaukee Journal Sentinel reported that the Packers created $9.26 million of cap space with the restructuring of Bakhtiari’s contract for 2022.
The Packers entered the offseason with one of the league’s most precarious salary cap situations. With recent reworked deals for defensive tackle Kenny Clark, running back Aaron Jones and now Bakhtiari, Green Bay cut nearly $23 million off their salary cap for 2022.