The Green Bay Packers’ contract situation with their quarterback has become a focal point. As of May 3, he is eligible for a new deal, marking the end of the one-year waiting period under the NFL collective bargaining agreement.
On May 3, 2023, the Packers and the quarterback agreed to a one-year, $13.5 million contract extension that could be worth up to $22.5 million with salary escalators. This deal was made instead of the Packers deciding on his fully guaranteed $20.272 million fifth-year option for 2024.
In 2024, the quarterback is set to earn $11 million, having earned $5 million of a $9 million salary escalator due to his performance in 2023, playtime, and the team’s success. His 2024 salary cap number is $12,757,731.
Packers GM Brian Gutekunst mentioned in late March that initial contract discussions had begun. Aaron Rodgers, the quarterback’s predecessor, will likely influence these negotiations due to various factors.
Interestingly, both quarterbacks are represented by the same agency, Athletes First, but different agents. Rodgers’ agent is David Dunn, a co-founder of the agency, while the quarterback’s agents are David Mulugheta and Andrew Kessler. This dynamic may lead to comparisons between how the Packers handled Rodgers’ contracts and the current negotiations.
Rodgers received his first veteran contract extension early in his career, signing a five-year extension averaging $12.704 million per year in his fourth season after starting for the first time. This deal made him the NFL’s fourth- or fifth-highest paid player at the time.
Statistically, the current quarterback and Rodgers were similar in their fourth NFL season. The current quarterback made significant strides in the second half of the 2023 season, leading to team success and a playoff berth.
