Preston Smith's renegotiated contract finally has been filed. His new cap number for 2021 is $8.75 million (down from $16M). He received a $6.5M signing bonus but his base salary lowered from $6.85M to $1M. His 2022 cap number jumps to $19.75M from $16.5M. The Packers would still save $12.25M on '22 cap if they cut after '21. It would likely come next March given that he now has a $3M roster bonus due on the third day of the '22 league year. Previously there was no March '22 bonus in his deal.
