The #Packers cap move with OLB Preston Smith (ESPN reported a move first) included $1.9M coming off his $5.7M base, source said. In exchange he got up to $4 million in sack incentives. He'll need at least 10 to draw on that, but in new D, he won't be dropping into coverage much.

— Tom Silverstein (@TomSilverstein) February 28, 2024