No win situation here. No chance the Packers were going to make Jaire the highest paid CB in the league. The restructured deal was about as good an offer as he was going to get. When healthy, there is no question he is one of the best, and definitely the best DB on the roster. No one was interested in a pre draft trade, and for what he will want in pay, I can't see another team picking him up. IF he does get picked up, it will likely be a deal less than what he would have made in Green Bay.
https://www.nfl.com/news/jaire-alexander-packers-release-cornerback