The Green Bay Packers remain steadfast in their willingness to trade cornerback Jaire Alexander in exchange for a draft pick.
General manager Brian Gutekunst has received interest from multiple teams about Alexander but is committed to waiting for a trade instead of releasing the two-time Pro Bowler, sources told the Milwaukee Journal Sentinel's Tom Silverstein.
Green Bay was close to finalizing a deal for Alexander with an undisclosed team at the beginning of free agency in March, according to Silverstein. However, the swap reportedly fell through due to disagreements over trade compensation and Alexander's unwillingness to restructure his contract to fit the other club's salary cap.
The Packers star has drawn additional interest since the scouting combine in February, but suitors are waiting to see if the Packers cut Alexander, Silverstein adds.
Alexander is set to earn a base salary of $16.1 million and carries a cap hit of $24.6 million in 2025, per Over the Cap. His current contract has no remaining guaranteed salary.
The Packers' 2018 first-round pick has become one of the top cornerbacks in coverage over seven seasons in Green Bay. However, injuries have limited Alexander to playing fewer than 35% of snaps in three of his past four campaigns.
Alexander has tallied 70 passes defended and 12 interceptions in 78 regular-season games over his career. He also has three interceptions across seven playoff contests.
The Packers signed free-agent cornerback Nate Hobbs in free agency. Although Hobbs recently played in the slot, he could be a candidate to line up outside alongside Keisean Nixon. Additionally, Carrington Valentine could also step up if Alexander leaves Green Bay.