
As of mid-January, the Green Bay Packers sit at roughly $20 million over the effective 2023 salary cap, per Over the Cap. The site is working with an estimated salary cap across the NFL at $225 million.
The Packers are in a familiar spot. Each of the last two offseason, Packers general manager Brian Gutekunst and salary cap guru Russ Ball have worked tirelessly to dig out of a salary cap hole while keeping a competitive roster in place.