Packers, one-time Pro Bowl CB Jaire Alexander(Rocky River HS) finalizing four-year, $84M extension
from Pro Football Rumors, with Adam La Rose and from www.yardbarker.com
Rocky River HS and Jaire Alexander vs. the Dudley Panthers, at Dudley HS a few years back, in the NCHSAA football playoffs…..
The Packers signed one of their stars to a massive extension earlier this offseason with Aaron Rodgers. They have done so again with cornerback Jaire Alexander. The team is extending him on a four-year, $84M contract (Twitter link via ESPN’s Adam Schefter).
As Schefter notes, the deal includes a $30M signing bonus, which is a record for corners and will allow him to earn $31M in 2022 . Overall, the annual average of $21MM per year represents another high-mark at the position, and makes him the third CB to eclipse the $20MM-per-season plateau (along with Jalen Ramsey and Denzel Ward).
A first-round pick in 2018, Alexander has been an immediate starter and anchor of the team’s secondary since his arrival. He was named a Pro Bowler for the first time in 2020, leading to increased optimism for this past season. The 25-year-old was limited to just four games due to a shoulder injury, however. With the team having picked up his fifth-year option, it was already a guarantee he would be suiting up for Green Bay for at least the 2022 campaign.
The two sides began negotiations on a long-term extension this offseason, one which saw plenty of other notable moves being made by the team to try and stay competitive while remaining cap compliant. It came out not long after free agency began that the Louisville product was seeking a deal which would place him at the top of the CB market. This news confirms that he has accomplished that goal.
Schefter adds that Alexander’s cap number will be lowered in 2022 by virtue of his base salary being valued at just over $1M. That will help the Packers absorb another record-breaking contract as they try to extend their Super Bowl window. Alexander will remain with the team through 2026 at the head of a secondary also featuring the likes of Eric Stokes, Rasul Douglas, Darnell Savage and Adrian Amos.