The NFL free agency period has been officially open for about a week now, and for the Green Bay Packers, it has been a relatively quiet start. Below I have some quick thoughts on what has transpired up to this point.
— A quiet start for the Packers to free agency shouldn’t come as a surprise. On the surface, the nearly $24 million in cap space that they currently have seems like a lot, but a small portion of that will actually be going towards other free-agent additions. Aaron Rodgers’ dead cap hit once traded will, at a minimum, reduce that available cap space amount by $9 million. There are also unaccounted-for expenses that will hit the books in the coming months, such as the draft class, practice squad, along with the final two players on the roster, among other things. Prior to free agency beginning, Ken Ingalls projected that the Packers would have about $11 million to put towards free agency, and based on their current signings, that amount is already over half gone.
