Aaron Rodgers Agrees To Extension In Green Bay

1:50PM: The Aaron Rodgers saga has apparently reached a conclusion. NFL Network’s Ian Rapoport reports that he has signed a four-year, $200MM extension with the Packers (Twitter link). Rodgers himself has tweeted a rebuttal to the reported deal, though he confirms that he is staying in Green Bay.

The $50MM per-year average will indeed make the reigning MVP the highest-paid player in NFL history, something which had been reported in the build-up to today’s news. Rapoport adds that the deal includes $153MM in guaranteed money, and will lower his 2022 cap hit.

12:37PM: In a follow-up, Rapoport reports that Rodgers’ 2022 cap hit is set to go “way down”, and that in 2023, it won’t rank in the top ten amongst QBs (video link).

Rapoport’s colleague Tom Pelissero adds that the 38-year-old “figures to be year-to-year” until he decides to retire (Twitter link). With this extension signed, it is now all but a certainty he will end up having played exclusively for the Packers, regardless of when he hangs up his cleats.

Rodgers had been the center of speculation on a number of fronts throughout the offseason, as retirement and trades to AFC teams – especially the Broncos – were named as distinct possibilities. The hiring of Nathaniel Hackett in Denver in particular was thought to be one of the reasons Denver was fully committed to bringing in Rodgers, and in doing so ending their own search for a franchise QB dating back to Peyton Manning‘s retirement.

Reporting then focused more on the specific actions taken by the Packers to accommodate not only Rodgers’ contract wishes, but also to manufacture the needed cap space to keep him and pending free agent Davante Adams. Through a series of restructures, along with the particular details of this new contract, the team should be able to field a team similar in strength to the one which earned the NFC’s No.1 seed in 2021. It had been reported recently that the team was intending to keep 2020 first rounder Jordan Love; today’s deal may change the organization’s stance on that front.

With the biggest domino in the QB market – and the offseason as a whole – now having fallen, attention will turn to other big names such as Russell Wilson, Deshaun Watson and Allen Robinson. Plenty of other big moves are likely to be made involving at least some of those names. For the Packers, at least, the Super Bowl window will remain open for the near future.

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