Rapoport followed up to report the Packers and Alexander agreed to see what trade avenues they might have and considered restructuring his contract. Albert Breer of The MMQB reported in April the two-time Pro Bowler preferred an outright release so he'd have more freedom in choosing his next team.

Pro Football Talk's Mike Florio explains why the Packers could complete a Jaire Alexander trade despite already announcing his release

Mark Murphy is in his last weeks as the Packers' CEO, set to retire in July when he turns 70 years old. The move to release Alexander will likely be the last big personnel move the franchise makes during his lengthy tenure in the role, and he may already be in a bit of "bleep it, I'm retiring" mode.