Extension for Preston Smith saves Packers $8M on 2022 salary cap

The Packers are getting $8 million in cap savings on Preston Smith’s contract extension.

The contract extension for outside linebacker Preston Smith is going to save the Green Bay Packers a bunch of much-needed money on the salary cap in 2022.

According to Tom Silverstein of the Milwaukee Journal Sentinel, Smith’s four-year extension slashes $8 million off of the team’s salary cap this year.

Smith was scheduled to count around $19.7 million on the cap before the extension.

With an $8 million reduction on Smith’s number, the Packers are now in the range of $36 million over the cap, meaning more moves are coming.

The new deal is a win for both sides. The Packers receive cap relief in 2022 and get to keep a valuable player at a premium position over several more years, while Smith gets money up front ($12 million signing bonus) and the long-term security of a lucrative multi-year deal.

The Packers entered Monday at around $44 million over the salary cap. An extension for Smith moves the team closer to getting under the cap by Wednesday, the start of the new league year.

Smith delivered nine sacks and a career-high 62 pressures last season. He bounced back after a disappointing 2020 season and is now in Green Bay’s plans for several more seasons.

The new deal ties Smith to the Packers through the 2026 season.

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OLB Preston Smith signs 4-year extension with Packers

The Packers and Preston Smith agreed to a four-year contract extension on Monday.

After a resurgent first season under defensive coordinator Joe Barry, edge rusher Preston Smith has signed a contract extension with the Green Bay Packers.

According to Ian Rapoport of NFL Network, the deal is for four more years and $52.5 million in new money and $65 million overall, with a chance to make $71 million total.

Smith posted a photo of himself and his family signing the new deal on his official Instagram account on Monday morning.

Smith, 29, delivered nine sacks and a career-high 62 pressures for the Packers in 2021. He bounced back after a disappointing 2020 season that led the two sides to agree to an incentive-laden contract before last season.

Smith responded in a positive way, and now he’s tied to the Packers for the long-term.

The new deal pays $14 million in the first season but lowers Smith’s cap number in 2022. Signing Smith gives the Packers a pair of pass-rushers – including Rashan Gary – to build around into the future.

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Za’Darius or Preston: Which Smith will the Packers bring back in 2022?

The Packers may have to decide between Za’Darius Smith and Preston Smith in 2022. Which edge rusher is more likely to be back in Green Bay?

The Green Bay Packers may have to make a choice between edge rushers Za’Darius Smith and Preston Smith.

We all know the Packers will be strapped for salary-cap space during the offseason, but they are determined to field a contender and keep their Super Bowl window open. Of course, that is heavily dependent on Aaron Rodgers returning for another season. Matt LaFleur certainly hopes Rodgers will be back, and the thought of a rebuild isn’t even on the table.

So, how does Green Bay keep their team competitive while getting under the salary? It will have to come down to some tough roster decisions.

Za’Darius and Preston Smith will be two of the Packers’ top earners next year. Therefore, they will be likely candidates to either restructure, extend, or part ways with completely.

According to Over The Cap, Za’Darius Smith carries a cap hit of just under $28 million in 2022. Green Bay has no intentions of paying him that much as it makes Za’Darius the fourth highest-paid edge rusher in the league next season, which is simply too much for a team trying to cut corners.

Za’Darius Smith had a breakout season in 2019 but went through a noticeable regression in his second year – at least in terms of total pressures and pressure rate – with the Packers. This past season, things got even tougher for the 29-year-old pass rusher after a back injury kept him out for virtually the entire season. It would be hard to pay a guy top money after two years spent either declining or hurt. Not to mention, they have an emerging star in Rashan Gary, who did well in Za’Darius’ absence.

Meanwhile, Preston carries a much lighter cap hit. His cap hit will be just under $20 million, but there is a much higher chance of re-negotiating.

Like his free-agent classmate, Preston also took a step back in his second season with the team. This gave Green Bay leverage when they asked Preston to restructure before the start of the 2021 season. The Packers were able to compromise with Preston by adding incentives to his current deal while saving $7.25 million towards the cap.

Both the team and Smith benefitted heavily from his new deal. He was a key contributor on a contending team and also made a little extra money thanks to improved play. Preston’s 9.0 sacks from this season resulted in an extra $2 million in incentives.

Green Bay could try to work out something similar with Preston if they can’t reach an extension. Za’Darius, on the other hand, seems less likely to take a pay cut. He has a few years of high-level play left in him, and his price tag will reflect that. It also doesn’t help that he already hinted that his time with the Packers could be over. This coming from a player who was frustrated with not being named a team captain in 2021 is far from encouraging.

Of course, both players could be gone next season if a new deal can’t be reached. However, between the two, it would seem Preston is much more likely to be back.

Packers OLB Preston Smith could make almost $2 million with 3 sacks in finale

Preston Smith, who restructured his deal last March, can make almost $2 million in incentives if he produces three sacks on Sunday in Detroit.

A productive season finale in Detroit would be lucrative for Green Bay Packers outside linebacker Preston Smith.

The restructured contract Smith agreed to in March could pay off in a big way to end the 2021 regular season.

The veteran pass-rusher sits at 9.0 sacks entering Week 18. With one more sack, Smith would get to 10 sacks and earn another $750,000. With three more sacks, Smith would hit 12 sacks and earn both the $750,000 for getting to 10 sacks and another $1.2 million for hitting 12.

Packers coach Matt LaFleur is planning to play starters against the Lions despite his team having the No. 1 seed in the NFC clinched. It’s unclear how long veterans like Smith will play, but chasing the sack incentive could certainly play into the decision, especially if he’s productive early and getting to 12 sacks is a real possibility in the second half.

Smith has already earned back $1.25 million for reaching six sacks ($500,000) and eight sacks ($750,000).

Smith’s total available incentives through sacks is $4.4 million. He would need to go crazy on Sunday and produce five total sacks to hit all five incentives up to 14 sacks.

But even if Smith can get to 12, he would collect $3.2 million in total, helping him come close to getting to the $12 million he was scheduled to make in 2021 before the restructure.

There’s no doubt Smith has been a different player in 2021. After producing only 4.0 sacks and 26 total pressures last season, Smith has 9.0 sacks and 58 pressures in 2021. His current grade at Pro Football Focus of 79.3 would be a new career-high.

Can he finish off a bounceback season in style at Ford Field?

The Lions brought back offensive tackles Taylor Decker and Penei Sewell from the COVID-19 reserve list, potentially complicating Smith’s path to 10 or 12 sacks.

Smith has 3.0 sacks in six career games against the Lions but only 0.5 in his last four. Lions starting quarterback Jared Goff has been sacked 34 times this season and has a sack percentage of 6.8.

The Packers don’t have anything to play for in terms of playoff positioning, but Smith is one veteran starter worth watching in the season finale on Sunday.

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Packers OLB Preston Smith hits 8 sacks, earns another $750,000 incentive bonus

Packers OLB Preston Smith has already earned $1.25 million in sack incentives, and another $750,000 is well within his reach with two games to go.

The incentive-laden restructure of Preston Smith’s contract keeps looking better and better for both the player and the Green Bay Packers.

Smith, who delivered another sack during the Packers’ 24-22 win over the Cleveland Browns on Saturday, hit another incentive in his contract and earned $750,000.

Smith has eight sacks this season. He hit his first incentive – worth $500,000 – when he reached six sacks earlier this year. His total earned through contract incentives now sits at $1.25 million, a significant sum for a player who agreed to a paycut to stay in Green Bay in 2021.

The Packers have two more regular-season games to play, giving Smith a real opportunity to hit at least one more of the incentive levels. If he delivers two more sacks and gets to 10, he’ll earn another $750,000.

If he can produce four more sacks in the last two games, he’ll earn the $750,000 for getting to 10 and another $1.2 million for reaching 12.

The contract provided an opportunity to earn back $4.4 million total. The final $1.2 million, for getting to 14 sacks, is probably out of reach. But earning at least $2 million of the $4.4 million included in the contract and making over $10 million total this year is certainly possible for Smith, who was originally scheduled to make $12 million in 2021 before the restructure.

Smith, who had just four sacks during a disappointing 2020 season, has six sacks in his last six games, and he’s on pace to more than double the amount of total pressures (29) he produced lat season.

The Packers and Smith found a creative and smart way of slashing his cap hit but keeping him on the roster, while also providing financial incentive for a bounceback season. It’s all come together beautifully for Smith and the Packers. The player is having a terrific season, upping his value considerably whether he’s in Green Bay or not next season, and the Packers are enjoying the rewards of keeping a veteran player at a premium position.

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After down 2020 season, Packers OLB Preston Smith is climbing his way back in 2021

Preston Smith is back to producing big numbers for the Packers as a pass-rusher in 2021.

Preston Smith’s resurgence has been a revelation for the Green Bay Packers defense. His play this season comes as a welcomed surprise on the heels of a lackluster 2020 campaign.

When the Packers signed Smith to a lucrative deal during the 2019 offseason, he responded with a breakout year that saw the talented edge rusher put up career-highs in sacks, tackles, and quarterback hits. However, Smith did not have nearly the same impact in Year 2. In fact, he experienced a significant regression that left many wondering if he would be back in 2021 at all.

Rather than part ways completely, Green Bay decided to restructure Smith’s contract. Smith’s base salary was reduced, but they granted him the opportunity to earn significant bonuses through better play. In Week 14’s game against the Chicago Bears, Smith recorded his sixth sack of the year and was rewarded a bonus of $500K as part of his new deal. Before the season is over, Smith has a realistic chance to earn a lot more.

If Smith can continue to sack opposing quarterbacks, he can earn up to $4.4 million in incentives. This time last year, Smith would have been nowhere close.

In 2020, Smith played in all 16 games last and totaled 26 pressures, according to Pro Football Focus. He also recorded just 4.0 sacks, which tied the lowest total for his career. However, after just 12 games, Smith has already passed his sack total from last season and blown his pressures out of the water. PFF has officially credited Smith with 47 pressures in 2021, which is 14th among edge rushers.

Smith may not top his incredible sack numbers from 2019, but his performance this season has provided a huge boost to the defense. PFF rates the Packers as the fourth-best team in terms of pass-rushing grade. Surprisingly, they have done this without their top edge rusher Za’Darius Smith for most of the season. A lot of credit goes to Rashan Gary, who is one of the best young pass rushers in the NFL. But Smith also deserves a ton of credit for picking up the slack better than anyone could have predicted.

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Packers OLB Preston Smith earns $500K bonus for sixth sack of 2021

With two sacks on Sunday night, Packers OLB Preston Smith started earning his sack incentives in his restructured contract.

Green Bay Packers outside linebacker Preston Smith delivered a game-turning play and earned a half-million bucks in the process.

Smith’s strip-sack of Chicago Bears rookie quarterback Justin Fields in the third quarter on Sunday night not only set up the Packers for a quick touchdown, but the quarterback takedown represented his sixth sack of the season, and the number six is pretty valuable to veteran edge rusher in 2021.

When Smith and the Packers restructured his contract this past offseason, the two sides put in incentives for reaching certain numbers of sacks. The first bonus arrived for Smith at sack No. 6. It’s worth $500,000.

He tallied another sack later in the game, giving him seven on the season. If he gets to eight sacks, he’ll collect another $750,000.

The full list of the incentives, worth $4.4 million in total:

– $500,000 for six sacks
– $750,000 for eight sacks
– $750,000 for 10 sacks
– $1,200,000 for 12 sacks
– $1,200,000 for 14 sacks

Smith has four more games to record seven more sacks and collect all the bonuses. His career-high in sacks is 12.0, set in 2019 with the Packers.

Getting to 10 or more sacks doesn’t seem out of the equation if he continues playing this well. Over the last four games, Smith has tallied five sacks and 29 total pressures, per Pro Football Focus.

His bounce-back season has been impressive. After delivering only 29 pressures, four sacks and 11 quarterback hits over 16 games last season, Smith has 47 pressures, seven sacks and 13 quarterback hits in 12 games.

The Packers will have a decision to make on Smith following the 2021 season. His cap hit balloons to $19,750,000 in 2022, the final year of his deal in Green Bay.

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Joe Barry has Packers OLB Preston Smith doing what he does best

Packers OLB Preston Smith is attacking quarterbacks and doing far less dropping into coverage in 2021.

Dropping into coverage was never Preston Smith’s strong suit. Fortunately, he is doing far less under Green Bay Packers’ new defensive coordinator Joe Barry.

Through the first 11 games in 2021, Smith has dropped into coverage only 28 times, according to Pro Football Focus. At this point last season, Smith had already dropped back 78 times. Of course, this was under former defensive coordinator Mike Pettine, who is now a senior assistant for the Chicago Bears.

For whatever reason, Pettine had no problem letting Smith’s pass coverage snaps hit double digits in a single game. He did so three different times during the 2020 season and six times in 2019. Smith has yet to play at least 10 snaps in pass coverage under Barry. Against the Los Angeles Rams in Week 12, Smith did not drop back even a single time.

Before arriving in Green Bay back in 2019, Smith had never played more than 75 coverage snaps in a single season. In his first two years with the Packers, he did it over 100 times in both years. PFF gave Smith coverage grades of 46.5 and 45.7 for the 2019 and 2020 seasons. Both of those grades were the lowest of his career.

This is not to say Smith is a liability in coverage, but when he is lined up out wide against a running back, that is a matchup the opposing team would be wise to exploit. Smith does not exactly have the swiftest of feet, but he does have long arms to potentially impede passing lanes, and knockdown throws. However, his pass deflection totals have yet to rise.

Not to mention, opposing teams had a really good chance of completing a pass in Smith’s direction in 2019 and 2020. During that two-year span, Smith allowed 26 receptions on 34 targets. Those 26 completions went for 252 yards, and half of them resulted in first downs.

Luckily, Green Bay hasn’t had to worry about that this season. So far, Smith has surrendered just one completion for a total of seven yards. His play has also improved in other areas as his run defense grade is the highest it’s been since 2018. Even his impact as a pass rusher is seeing a dramatic improvement compared to last season. Smith already has more quarterback pressures in 2021 than he did all of 2020.

Thanks to Barry, Smith is back to doing what he does best.

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Packers inactives: Kevin King and Jaylon Smith out, Preston Smith active vs. Cardinals

The Packers are getting back OLB Preston Smith, while CB Kevin King and LB Jaylon Smith are both inactive.

The Green Bay Packers will return a veteran starter on defense for Thursday night’s showdown with the Arizona Cardinals.

Outside linebacker Preston Smith, who missed a game for the first time in his NFL career last week, is back and officially active for the Packers. He was questionable with an oblique injury. Expect Smith to start opposite Rashan Gary, with veteran Whitney Mercilus mixed in.

The Packers won’t have cornerback Kevin King, who will miss his third straight game with a shoulder injury. Linebacker Jaylon Smith, who played 27 snaps the last two games, is also inactive. He is a healthy scratch.

The Packers’ inactives against the Cardinals:

CB Kevin King
LB Jaylon Smith
DL Jack Heflin
S Vernon Scott
OLB La’Darius Hamilton
OL Dennis Kelly

The Cardinals have receiver DeAndre Hopkins active, but J.J. Watt is out and so is center Max Garcia. Arizona’s offensive line will be down to a third-string center. Keep that in mind if Kenny Clark has a big impact on the game.

The Cardinals inactives:

DL J.J. Watt
OL Max Garcia
WR Andy Isabella
DL Richard Lawrence
RB Eno Benjamin
QB Chris Streveler

The Packers also won’t have edge rusher Za’Darius Smith, left tackle David Bakhtiari, receiver Davante Adams, cornerback Jaire Alexander, center Josh Myers and receiver Marquez Valdes-Scantling. Center Rodney Hudson and tight end Maxx Williams are on injured reserve for the Cardinals.

The Packers and Cardinals will kick off from State Farm Stadium in Glendale at 7:20 p.m. CT.

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Packers OLB Preston Smith inactive, to miss first game of NFL career

An oblique injury will force Packers OLB Preston Smith to miss the first game of his NFL career.

Green Bay Packers outside linebacker Preston Smith will miss the first game of his NFL career on Sunday against the Washington Football Team.

Smith, who injured his oblique in Chicago last season, is officially inactive for Sunday.

He played only eight snaps before departing the Packers’ win over the Bears lat week.

Smith practiced in a limited capacity on Friday and was listed as questionable, but the Packers are holding him out Sunday so he can get healed up for an important stretch of games coming up.

Smith, now in his seventh season, had played in 102 straight games to start his NFL career. He played all 64 games over his first four seasons with Washington and 38 straight over his first three seasons in Green Bay.

Being inactive Sunday ends an impressive streak of games played, especially for a defensive player who plays such a violent position.

In his first six games of 2021, Smith delivered two sacks and six quarterback hits.

The Packers will be without both starting edge rushers on Sunday. Za’Darius Smith has been on injured reserve since Week 2 with a back injury. Rashan Gary and Jonathan Garvin will be the likely starters.

However, the Packers do have veteran newcomer Whitney Mercilus active. The former Houston Texans edge rusher could play important snaps for Joe Barry’s defense on Sunday against Washington.

Smith will have a chance to start a new streak when the Packers go to Arizona to play the Cardinals next Thursday night.

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