Aaron Rodgers’ new deal with the Green Bay Packers will pay him $150 million over the first three seasons and significantly reduce his cap number during the 2022 season.
The deal should make him the highest-paid player by yearly average in NFL history, pay him a significant sum in Year 1, keep him in Green Bay for the foreseeable future and help the Packers’ cap situation in the short term.
Here are some of the important details of the deal:
Aaron Rodger gets $150.6M guaranteed on his deal. Rodgers will earn $74.5M in the first new year and $62M average through second new year. https://t.co/9rOyWnTx7R
— Ian Rapoport (@RapSheet) March 15, 2022
On first read of #Packers QB Aaron Rodgers' new contract, he gets:
$42 million in 2022
$59.515M in 2023
$49.3M in 2024So that's $150.815M over the next three years, and the first two are fully guaranteed at signing.
— Tom Pelissero (@TomPelissero) March 15, 2022
The contract is in for #Packers QB Aaron Rodgers and his cap number is down to $28M, according to a source. More to come on a complicated deal.
— Tom Silverstein (@TomSilverstein) March 15, 2022
Aaron Rodgers' cap numbers the next three years for the #Packers:
2022: $28.5 million (down from $46.7 million)
2023: $31.6 million (up from $7.7 million on a previously voidable year)
2024: $40.7 million— Mike Garafolo (@MikeGarafolo) March 15, 2022
Rodgers and the Packers agreed to put additional years on the backend of the contract to help spread out the cap hit. His cap number drops by over $18 million in 2022, significantly helping the Packers in their quest to get under the cap by Wednesday.
If nothing else, this is a strong, two-year commitment between player and team and likely eliminates the offseason drama for Rodgers for at least two years. And there’s an increasingly good chance that Rodgers retires in Green Bay as a member of the Packers.
Packers Wire will add the exact contract structuring here once the details are known.