Currently they have 23m in cap space. So trading now reduces that to 15m. Waiting until June 1 increases that to 40m and increases next years cap by 24m.
The above is not accurate. Waiting until after June 1 to trade him reduces their cap hit.
There is no such designation as a post June 1 trade. Any trade that happens prior to June 1 has immediate implications on their 2023 cap.
The Reason the Packers have that amount of cap space currently is they have not yet exercised Aaron Rodgers option, once they do, all their cap disappears.
Green Bay has $40,313,570 of dead money if they trade him now. Under this scenario, all of the dead money would be a 2023 cap charge because the trade would be occurring before June 2. Only by delaying a trade until June 2 at the earliest would the Packers get to split the dead money over 2023 and 2024 like with retirement.
The acquiring team would be assuming the remainder of Rodgers' contract, including the right to exercise the option. Technically, Rodgers would be under through 2026 but realistically for two years worth $108.815 million unless the two below-market salaries in 2025 and 2026 were adjusted.
The new team would have a $15.79 million 2023 cap hit for Rodgers consisting of the $14.575 million of option proration bonus, his $1.165 million base salary and $50,000 workout bonus. Rodgers' 2024, 2025 and 2026 cap numbers would be $32,541,666, $51,141,166 and $45,291,668.
The option surely would be exercised because Rodgers' 2023 cap charge becomes a $59.515 million cap hit if it isn't. Such an exorbitant cap number for Rodgers isn't practical or even possible for most
NFL teams.
The future Hall of Famer could retire, be dealt or stay put; all options pose salary cap problems for Green Bay
www.cbssports.com