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Jayden Reed's contract leaves Packers with plenty of salary cap space
TL;DR
Jayden Reed signed a three-year contract extension with the Green Bay Packers, costing $4.5 million in salary cap space this year. The Packers now have $21 million available to address other contracts and sign their draft class.
Key points
- Jayden Reed signed a three-year contract extension worth $51,979,197.
- The contract costs the Packers $4.5 million in salary cap space this year.
- The Packers have $21 million in salary cap space remaining.
Christian WatsonTucker KraftDevonte WyattJayden Reed
GREEN BAY – The three-year contract extension wide receiver Jayden Reed signed before the NFL draft cost the Green Bay Packers $4.5 million in salary cap space this year, leaving them with $21 million to do business.
The Packers will need about $4.5 million of that space to sign their six-man draft class but should have more than enough room to address contract extensions with receiver Christian Watson, tight end Tucker Kraft and defensive tackle Devonte Wyatt.
Reed’s three-year extension is worth $51,979,197, according to a source with access to NFL salary data.
It features a signing bonus of $16.5 million and a guaranteed $3.5 million roster bonus this year. He is scheduled to earn $21,229,197 in his first season.
Packers receiver Jayden Reed catches a touchdown pass against the Cardinals in October 2024.
Reed’s salary cap number in 2027 is a reasonable $10.875 million. It jumps to $17.625 million in ’28 and $17.25 million in ’29.
There are also escalators that will allow Reed to earn additional money in ’28 and ’29.
Here is the breakdown of Reed’s contract:
Three years, $51,979,197.
Signing bonus: $16.5 million.
Q&A
What is the value of Jayden Reed's contract extension with the Packers?
Jayden Reed's contract extension is worth $51,979,197.
How much salary cap space do the Packers have after signing Jayden Reed?
After signing Jayden Reed, the Packers have $21 million in salary cap space.
What players might the Packers extend contracts for with their remaining cap space?
The Packers may extend contracts for Christian Watson, Tucker Kraft, and Devonte Wyatt.