The Green Bay Packers have released two-time Pro Bowl cornerback Jaire Alexander, CBS Sports NFL insider Jonathan Jones confirms. Alexander is now free to sign with another team. The two sides previously agreed to explore trade options while working on a contract restructure.

The Packers cut Jaire Alexander, ending a seven-year run in which he emerged as one of the top cornerbacks before injuries limited his availability.

On Monday afternoon, the Green Bay Packers released two-time Pro Bowl cornerback Jaire Alexander. Unable to come to terms on a compromise for the final two years and $37 million of their contract, the two sides officially parted ways right before the start of the team's mandatory minicamp.