The Green Bay Packers are signing standout cornerback Jaire Alexander to a four-year, $84 million contract, according to a league source. The deal has been agreed to and the contract will be signed Monday and includes a $30 million signing bonus. Alexander’s contract averages $21 million annually, making him the highest paid corner in terms of average per year in the NFL ahead of the Cleveland Browns’ Denzel Ward’s 20.3 million average and the Los Angeles Rams’ Jalen Ramsey’s $20 million average.
The deal was negotiated by agent John Thornton of Roc Nation Sports, who confirmed the terms, which include a $31 million payout in the first year of the deal, a $45 million payout through the second year of the deal and $61 million through the third year of the contract.
Packers sign Jaire Alexander to a new contract
A former first-round draft pick from Louisville, Alexander was heading into the final year of a four-year, $12.05 million rookie contract. He was due $13.294 million this year under the fifth-year option. But now the Packers have extended Alexander for four more years.
He was limited by a shoulder injury last season to four games and 13 tackles, three pass deflections, and one interception. Nevertheless, Alexander had already proven himself to the NFC North franchise’s coaches and executives.
In 2020, Alexander was named second-team All-Pro. He intercepted two passes from Tampa Bay Buccaneers quarterback Tom Brady in an NFC Championship Game loss.
In a win over the Minnesota Vikings, he sacked quarterback Kirk Cousins for a safety and intercepted him once. For his career, Alexander has five interceptions, 184 tackles, two forced fumbles, and three fumble recoveries with 44 pass deflections.