Packers to Release 2x Pro Bowl to Save Nearly $20M in Cap Space

Green Bay, Wisconsin — In a move that will provide significant financial relief for the Green Bay Packers, sources confirm that the team has informed Elgton Jenkins of their intention to release him on the first day of the league year, March 11, 2026, unless a trade agreement is reached before then.

Financial Impact and Cap Savings

Jenkins, a versatile offensive lineman who has played both guard and center for the Packers, is set to make a significant impact on the team’s salary cap moving forward. With a cap hit of approximately $24.3 million in 2026 — the fourth-highest on the team — Green Bay faces a critical decision. If Jenkins is released before June 1, the Packers will save $19.5 million in cap space, a major boost to their flexibility as they head into the offseason.

In the event that Jenkins is released post-June 1, the Packers would still see similar savings, though the timing of the move would allow them to spread the dead cap over two seasons, further easing their financial burden.

Performance Decline and Injury Concerns

The decision to part ways with Jenkins comes after a series of challenges in recent years. At 31 years old, Jenkins' performance has noticeably declined, particularly after suffering a broken fibula in 2025, which hindered his ability to regain peak form. His shift from guard to center, while initially promising, has not yielded the same high-level play the Packers had hoped for.

Many analysts and sources, including Acme Packing, PFF, and Forbes, have labeled Jenkins as one of the Packers’ biggest potential cap casualties heading into the 2026 season. Despite his past success, his declining play, coupled with the team’s need to clear space for upcoming draft picks and free agent signings, made the decision almost inevitable.

Sources: Packers have informed OL Elgton Jenkins that they intend to release him on the first day of the league year next Wednesday, barring a trade between now and then. pic.twitter.com/fnPPkbEiAB

— Jeremy Fowler (@SmartTrue197118) March 4, 2026

Gutekunst’s Comment on Flexibility

Brian Gutekunst, the Packers' general manager, has indicated that the team’s strategy is focused on improving flexibility heading into the 2026 season. In a hypothetical quote, Gutekunst said, “Trades are difficult, but we need to create flexibility as we move forward. Our goal is to strengthen the roster, and part of that means making tough decisions about how we allocate our resources.”

This move will allow the Packers to pursue key targets in the draft, restructure contracts, and potentially bring in a free agent to fill the void left by Jenkins' departure.

Packers' All-In Push for 2026

Releasing Jenkins clears nearly $20 million in cap space and paves the way for the Packers to pursue their NFC North goals in 2026. The decision to part ways with the veteran offensive lineman shows that the team is committed to adjusting their roster and improving their chances of success in the upcoming season. With the extra cap room, Green Bay will be positioned to address their immediate needs and make a stronger push toward playoff contention.

Though Jenkins has been a key figure in the Packers' offensive line for several years, his release marks a significant shift as the team pivots toward the future. The Packers will now look to free up resources to build a more competitive and well-rounded roster as they prepare for a crucial 2026 season.