diff --git a/.changes/unreleased/Fixes-20230125-191739.yaml b/.changes/unreleased/Fixes-20230125-191739.yaml
new file mode 100644
index 00000000000..fff39574ed9
--- /dev/null
+++ b/.changes/unreleased/Fixes-20230125-191739.yaml
@@ -0,0 +1,6 @@
+kind: Fixes
+body: '[Regression] exposure_content referenced incorrectly'
+time: 2023-01-25T19:17:39.942081-05:00
+custom:
+  Author: Mathyoub
+  Issue: "6738"
diff --git a/core/dbt/contracts/util.py b/core/dbt/contracts/util.py
index fb2af2dac59..d8b166b1d93 100644
--- a/core/dbt/contracts/util.py
+++ b/core/dbt/contracts/util.py
@@ -283,7 +283,7 @@ def upgrade_manifest_json(manifest: dict) -> dict:
         if "root_path" in exposure_content:
             del exposure_content["root_path"]
     for source_content in manifest.get("sources", {}).values():
-        if "root_path" in exposure_content:
+        if "root_path" in source_content:
             del source_content["root_path"]
     for macro_content in manifest.get("macros", {}).values():
         if "root_path" in macro_content: