{"id":801144,"date":"2026-03-08T22:29:12","date_gmt":"2026-03-08T22:29:12","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/801144\/"},"modified":"2026-03-08T22:29:12","modified_gmt":"2026-03-08T22:29:12","slug":"packers-convert-aaron-banks-2026-money-into-signing-bonus-save-cap-space","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/801144\/","title":{"rendered":"Packers convert Aaron Banks\u2019 2026 money into signing bonus, save cap space"},"content":{"rendered":"

According to ESPN\u2019s Jeremy Fowler<\/a>, the Packers will be doing so by doing a simple restructure of left guard Aaron Banks\u2019 deal. This means the team will either touch his $7.7 million base salary or his $9.5 million roster bonus and simply turn it into a signing bonus, so those cap dollars hit in future years rather than 2026 (while nothing changes in terms of the cash that Banks is owed and the scheduling of those payments).<\/p>\n

As we\u2019ve written about before, Green Bay seems to be taking this pay-as-you-go approach this offseason, which gives them the option to squat on the Rashan Gary and\/or Elgton Jenkins contracts if they so choose<\/a>. With Rhyan re-signed, I doubt the team even wants Jenkins to return on a restructured contract (him taking less cash in 2026), as their starting five has been fortified. They\u2019re probably just fishing for a potential trade on the Jenkins front, while Gary is a potential trade, release or restructure option moving forward.<\/p>\n

Spotrac\u2019s projections<\/a> have Banks\u2019 2026 cap hit dropping from $24.8 million this year to $12 million, which is probably enough to get the team cap compliant (tough to know for certain because of the lack of Niemann\/Rhyan details, but it should be enough). By saving short-term cap space, though, the team had added future dead cap on the deal. Spotrac\u2019s numbers have Banks\u2019 dead cap over his 2027 cap hit, meaning this isn\u2019t a move to make a one-year commitment to Banks, but that he\u2019s almost certainly going to be on the roster until at least 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"According to ESPN\u2019s Jeremy Fowler, the Packers will be doing so by doing a simple restructure of left…\n","protected":false},"author":2,"featured_media":801145,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[7,9684,2702,3424,6],"class_list":{"0":"post-801144","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nfl","8":"tag-football","9":"tag-green-bay-packers-free-agency","10":"tag-green-bay-packers-news","11":"tag-green-bay-packers-salary-cap","12":"tag-nfl"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116195922155178426","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/801144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=801144"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/801144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/801145"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=801144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=801144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=801144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}