The top offseason storyline for the Packers remains the future of Jaire Alexander. The high-priced corner is still in the organization at this point, although he was absent from Green Bay’s voluntary workouts this week.

Participation on that front should not be expected as things stand. The Exhibit’s Josina Anderson reports Alexander and the Packers have an agreement in place where he will not report to the team until a resolution on his situation is found. That update comes as little surprise given the extent to which the two-time Pro Bowler’s future remains in the air. Anderson confirms all options are still on the table in this situation.

One of those would see Alexander remain in Green Bay for the 2025 campaign, something which did not appear likely in February. Green Bay shopped the 28-year-old in advance of free agency, but no agreement was reached around that time or during the draft. Teams around the league have done most of the heavy lifting from a roster-building perspective by now, but Alexander is among the high-profile players still available deep into the offseason.

Per Anderson, Green Bay has conducted “exploratory” trade talks involving the Louisville product. No specific suitors have emerged to date, but she adds a pair of teams have kept tabs on this situation for a lengthy period of time. If a trade is to take place, an acquiring team will need to take on the two years remaining on Alexander’s contract (which does not include any outstanding guaranteed salaries).

With Alexander set to carry cap charges of $24.64MM and $27.02MM, a restructure could be in order to facilitate a trade. The former first-rounder’s preference, however, would be a release allowing him to join a new team as a free agent. Green Bay would need to wait until after June 1 until proceeding with a cut if the team were to take that approach given the cap implications of doing so. As a result, this saga could continue for several weeks (with mandatory minicamp looming later in June).

Jalen Ramsey joins Alexander as a veteran corner available on the trade market. The latter’s injury history – single-digit games played in three of the past four years – will no doubt hinder his market to at least an extent, but interest persists at this point.

For the last year and a half, the Packers and cornerback Jaire Alexander have been in contract discussions as injuries limit what Green Bay is getting out of an expensive contract. The two parties were hoping to resolve things before last week’s draft, but after failing to do so, will continue to work towards a reconciliation, per ESPN’s Rob Demovsky.

Back in 2022, the Packers signed Alexander to a four-year, $84MM extension, and the then-25-year-old delivered a Pro Bowl and second-team All-Pro season as a result. In the past two years since then, though, Alexander has only made seven starts in each season due to an assortment of injuries. Because of the missed time, the team explored trading their veteran cornerback. But, since then, the no resolution has presented itself.

Demovsky cites a source who says that the options for Alexander include a release, a trade, or a return to Green Bay — essentially, “all options are still on the table.” The reason a trade or release are options worth considering is because Alexander’s extension has a potential out built into it between the 2024 and 2025 NFL seasons.

Instead of paying out salary cap hits of $24.64MM and $27.02MM over the next two seasons, Green Bay could cut or trade Alexander with only $17.04MM of dead cap. If they do either with a post-June 1 designation, the dead cap figure is reduced to just $7.52MM.

Based on the roster makeup, there has to be some preference for him to return to health and to the lineup. According to Pro Football Focus (subscription required), Alexander was the only one of Green Bay’s corners to rank in the top 50 of the position, coming in at 19th. Behind him, the highest ranked cornerbacks on the roster are Carrington Valentine (54), Keisean Nixon (63), and Nate Hobbs (73).

The team waited until the seventh round to add any help in the draft, taking Tulane’s Micah Robinson late on Day 3, so one would assume that there’s hope in Green Bay that an amended deal can be reached. If not, it’s certainly possible that Alexander could end up playing elsewhere in 2025.

Indications from earlier this offseason pointed to Jaire Alexander‘s time with the Packers coming to an end in 2025. The high-priced cornerback remains on Green Bay’s roster for now, but a soft deadline has emerged for a resolution.

Packers general manager Brian Gutekunst said at Monday’s league meetings he hopes this situation will come to an end before the draft (h/t Matt Schneidman of The Athletic). He noted keeping Alexander in place is a possibility at this point, although the team’s decision to shop him in advance of free agency obviously indicates a willingness to move on. If a trade agreement is to be worked out, finding appropriate value in a return will be a key challenge.

“We invested a lot in Jaire and want to make sure, if he’s not gonna be on our football team helping us win games, that we get something back for that investment,” Gutekunst said (via Schneidman). “So we’ll see where it goes.”

Alexander established himself as one of the league’s top cover men during the early portion of his career. The Louisville product found himself the highest-paid corner in the NFL at the time that he inked his extension in 2022, but things have not gone according to plan since then. Alexander has only played seven games in each of the past two years, and that lack of availability has outweighed performances roughly in line with those of past campaigns.

Green Bay’s list of initial free agent moves included a deal for Nate Hobbs. The former Raider inked a four-year, $48MM deal, and as a result he will be counted on to operate as a key figure in the Packers’ secondary. The Hobbs move could make a parting of ways easier on the Alexander front, especially if the team uses a high draft pick on another corner next month.

The 28-year-old is due a base salary of $16.15MM in 2025 and $18.15MM the following year. Those figures represent understandable causes for concern on the part of potential suitors and help explain the expectation a release – rather than a trade – will take place. Whatever the outcome in Alexander’s case, it may take place in the relatively near future.

A Green Bay departure for Jaire Alexander is looking likelier. Mentioned as a player expected to be on the move this offseason, Alexander is now being shopped.

The Packers have engaged in trade talks with teams on the veteran cover man, NFL.com’s Ian Rapoport reports. Two years remain on Alexander’s $21MM-AAV contract. While the Packers are OK moving Alexander for the right price, the CB’s contract would work against the NFC North team obtaining too much in terms of compensation. Then again, the Saints were able to land a third-rounder and two other picks for Marshon Lattimore, a high-priced corner who has been nearly as unavailable as Alexander has over the past two seasons.

GM Brian Gutekunst said Tuesday (via the Milwaukee Journal-Sentinel’s Tom Silverstein) he has not given a player permission to shop himself in trades in the past, but the Combine will be a place where the Packers and the cornerback’s camp huddle up to determine if there is a future here. The Pack followed this path with Aaron Jones, who rejected what would have been a second pay cut. Gutekunst said last year Jones was in Green Bay’s plans and rebuffed Alexander trade rumors. The veteran exec’s tune is different this year on the talented but unreliable corner.

“We’re working through that. He certainly could be, but I think we’ll work through that as we go,” Gutekunst said of Alexander’s place on the 2025 Packers (via The Athletic’s Matt Schneidman). “We’ve got to get him out there now. I think obviously, we’ve talked about (how) there’s been a lot of frustration on his part. He wants to be out there badly and not being able to be out there at his best has frustrated him and that has frustrated our football team, too, because we’re better with him. But we’ll see.”

Alexander, 28, has not justified his four-year, $84MM deal. That contract stood as the game’s top CB deal for nearly 2 1/2 years, as it took until Patrick Surtain‘s $24MM-AAV accord to top it last September. Alexander had missed most of the 2021 season, which did not slow him on the contract front, but has also been unavailable for extended stretches over the past two years. The former first-round pick has missed 10 games in each of the past two seasons, and the strange coin-toss incident in Carolina — which prompted a one-game Packers suspension — served as one of the memorable moments from this period.

The seven-year veteran is due a $16.15MM base salary in 2025. Given his limited participation over the past two seasons, the Packers are likely not keen on paying that. We heard shortly after the season Alexander’s 2024 season was likely his last in Green Bay. A matter of the Packers obtaining something in return now remains, as the Pro Bowler would be a release candidate otherwise. The Packers would create more than $6MM in cap space by trading Alexander; the move would come with more than $18MM in dead money, however.

Alexander’s likely exit will give the Pack more CB work to do this offseason. Eric Stokes, who did not justify his first-round status on his rookie deal, is on the verge of free agency. Keisean Nixon remains under contract, however. Former seventh-rounder Carrington Valentine, who has been needed regularly due to the first-rounders’ injury trouble, has two years left on his rookie pact.

Questions lingered about the status of Jaire Alexander for the closing stages of the regular season and the playoffs. The Packers corner should not be expected to return, however.

Head coach Matt LaFleur said on Wednesday that Alexander underwent knee surgery. As a result, he is likely to be sidelined for the remainder of the campaign. While this was an arthroscopic procedure, the odds point to the talented cornerback not being able to return. That said, ESPN.com’s Adam Schefter does note that a Super Bowl LIX return could be in the cards. Green Bay would need to likely win three road games for that to be in play.

As was the case last season and during the 2021 campaign, Alexander has been unable to stay on the field for the Packers. He will wrap this season having played in only seven games, none since November 17. Prior to undergoing the scope, Alexander continued to reinjure his knee in practice, the Milwaukee Journal Sentinel’s Tom Silverstein writes.

A November report indicated Alexander sustained a PCL tear, making it fairly interesting no surgery commenced at that point. The timeline here stings the Packers, though they have made do without their high-priced boundary defender in the weeks since. Part of the Packers’ effort to replace Alexander last season, Carrington Valentine has started the past six games. He has teamed with Keisean Nixon and Eric Stokes in this adjusted CB contingent.

The Pack have been largely unable to play Alexander and Stokes together. The latter, a 2021 first-round pick, saw extensive run while Alexander was sidelined with a shoulder injury in 2021 but then saw his career altered by knee and foot trouble the following season. Stokes barely played last year, as Alexander missed nine games. Stokes has made his return during a contract year; Pro Football Focus has him slotted 71st among CB regulars.

As Green Bay has Stokes on an expiring contract, Alexander has not justified his extension. Prior to Patrick Surtain‘s four-year, $96MM deal, Alexander’s four-year, $84MM pact had paced corners for more than two years. Although the 2018 first-round pick played 16 games during a Pro Bowl 2022 season, he has not followed that up with regular attendance. The 19 games missed over the past two seasons could certainly impact Alexander’s future in Green Bay.

Alexander is under contract through 2026 and is only closing out his age-27 season. We are also about a year removed from his coin-toss incident in Charlotte, which led to a one-game suspension and speculation about how the Packers would proceed. GM Brian Gutekunst shut down any trade rumors, and the Packers moved forward with their No. 1 corner. It would cost them more than $18MM in dead money to move on after this year, though that could be spread out over two offseasons via a post-June 1 release. However, the Packers would create a major need at the position by going in this direction.

Adam La Rose contributed to this post.