The Packers have $18 million in salary cap space that is there for a reason. They have been working on deals for Rodgers and Matthews since the season ended and there’s a chance that more details were worked out between negotiator Russ Ball and agent David Dunn at the NFL owners meetings.
As early as the combine, there was some buzz that both deals would be done by the end of March. The structure for the Matthews deal might have been in place by the end of the combine. Both sides have kept things close to the vest and so the progress of negotiations are hard to gauge.
Matthews is going into the final year of his current contract and the last thing the Packers want to do is let him play out his final year. He’s earned the right to get a contract extension this offseason.