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Preston Smith agrees to adjusted contract for 2024, saving Packers $2.4M in cap space

Preston Smith agrees to adjusted contract for 2024, saving Packers $2.4M in cap space

Photo by Cooper Neill/ This looks like either a straight pay cut or the conversion of some of Smith’s base salary into incentives. 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...

Rashan Gary Photos

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