Plenty of ways that this could come back to bite us, but really we just have to survive 2022. 2023 we get the new TV contract applied and the cap is set to explode.
Bhak (effectively) can't be cut in 2022. In 2023, his cap percentage goes down. Seems unlikely to be cut unless he falls off a cliff. 4/5 of the line is still on rookie deals. Though Jenkins will need some of extension, waiting until the end of 2022 benefits us in that we can see how he recovers and push the cap hit to 2023.
Jones will likely be extended or cut. Even with a bigger cap, his percentage is a little out of whack. But is sure looks like that was the plan--have a goofily structured cap to survive 2022.
Rodgers and Adams, assuming both want to stay, would just need some careful language to skip past 2022. Low salary, "modest" signing bonus, and then a 2023 roster bonus to be applied for the 2023 salary cap year, with some kind of cap penalty due to accounting to the Packers if they are cut before the roster bonus. There will be gamesmanship here with how both contracts are structured, but it's doable.
Z. Smith is almost certainly cut. Bad cap number and we have survived not having him.
P. Smith is almost certainly cut/extended/something. His number isn't bad, but a little high for an older player who isn't necessarily elite anymore.
Mason is old. Easy cut.
Turner is a true cap casualty.