Packers Plan to Cut CB All-Rookie Team, Freeing Up $12.8 Million in Cap Space for Future Moves

Green Bay, WI – February 4, 2026

The Green Bay Packers are reportedly planning to cut cornerback Nate Hobbs in a move that would free up $12.8 million in cap space for the team, as they prepare for a significant offseason overhaul. While an official announcement has not yet been made, multiple internal sources have confirmed that Hobbs has been in contact with other teams, signaling that a change is imminent.

Hobbs, who was signed to a four-year, $48 million deal in 2025, has struggled to meet expectations in his first season with the Packers. The team had high hopes for him to solidify their secondary, but after a season filled with inconsistency and underwhelming performances, the Packers have reportedly decided to move on.

The decision to release Hobbs would provide Green Bay with approximately $8.8 million in cap space and reduce their dead cap by $4 million, totaling a saving of $12.8 million. This move is seen as a crucial step in the team's effort to strengthen its financial position and make room for new acquisitions in the upcoming season.

Cap Space and Future Moves

The Packers' decision to cut Hobbs is driven by a combination of performance and financial strategy. With the team's salary cap in a tight spot, freeing up cap space will allow Green Bay to make moves in free agency and re-sign key players as they continue to build a competitive roster.

Hobbs, who was brought in to be a cornerstone of the Packers' defense, has been criticized for his struggles in coverage. In his 11 appearances during the 2025 season, Hobbs recorded 27 tackles, two forced fumbles, and two pass breakups. However, his performance was marked by a passer rating allowed of 125.3, one of the worst in the league for cornerbacks.

Preparing for New Opportunities

Sources indicate that Hobbs' camp has already begun reaching out to other teams, indicating that the veteran cornerback is preparing for a fresh start with a new team. Although Green Bay has yet to make an official announcement regarding Hobbs' release, the internal signals suggest that the Packers are ready to part ways and move forward with a more cost-effective and consistent defensive backfield.

Hobbs' potential departure is expected to open the door for new signings at cornerback, an area that has been a weakness for the Packers. The freed-up cap space will give Green Bay more flexibility to target players who can contribute immediately and help strengthen the secondary in preparation for the 2026 season.

Looking Ahead

For the Packers, cutting Hobbs represents an important step in their rebuilding process. With $12.8 million in cap space, Green Bay will have the ability to pursue free agents and improve their roster ahead of the new season. As the team looks to rebound from a disappointing 2025 season, the decision to move on from Hobbs will provide the Packers with more financial flexibility to address their needs and make a push for playoff contention.

As Green Bay works through these changes, fans will be closely watching to see how the team uses the additional cap space and whether they can land the talent needed to turn things around.