Aaron Rodger’s Commits to The Packers, Mouthwatering Contract Revealed.

A week after he decided to stay in Green Bay comes the news that Packers quarterback Aaron Rodgers has made it official. The Green Bay Packers and quarterback Aaron Rodgers officially put pen to paper on a new contract, according to NFL Network’s Ian Rapoport and Tom Pelissero.

It was initially reported by Rapoport on March 8 that Rodgers’ new deal was worth $200 million over four years and includes $153 million guaranteed. The veteran announced that a new contract had not yet been signed.

The 38-year-old’s new contract could potentially make him the highest-paid player in the NFL, surpassing Kansas City Chiefs quarterback Patrick Mahomes’ $45 million-per-year deal.

The contract is a 4-year extension, a complicated one, with two dummy years — placeholders — on the back end. It lowers his cap number and gives GB plenty of room to work. https://t.co/VlnbubjPnw

— Ian Rapoport (@RapSheet) March 15, 2022

Despite a tumultuous 2021 season that included controversy regarding his vaccination status, Rodgers won his second consecutive MVP award after throwing for 4,115 yards and 37 touchdowns in 16 starts.

Aaron Rodgers will be making over $50 million per year on average through the next three seasons throwing passes for Green Bay. But it’s apparently a lot more complicated than that. NFL insider Ian Rapoport tried to make sense of the contract details of the Packers QB’s new deal.

On first read of #Packers QB Aaron Rodgers’ new contract, he gets:

$42 million in 2022
$59.515M in 2023
$49.3M in 2024

So that’s $150.815M over the next three years, and the first two are fully guaranteed at signing.

— Tom Pelissero (@TomPelissero) March 15, 2022

From @GMFB: The Aaron Rodgers contract numbers are in. What did we learn? The #Packers QB committed to at least two seasons, maybe more, and he’ll earn $62M per year over the first two new years. $50M per year over the first three. Big money. pic.twitter.com/X7NlB4wcgz

— Ian Rapoport (@RapSheet) March 15, 2022

While the dollar figures set to enter Aaron Rodgers’ bank account are certainly eye-popping. It’s apparently had an opposite effect on the Packers’ salary cap figure. How that makes sense, only the NFL cap wizards truly know.

The tradeoff for cap savings now: If Aaron Rodgers retires or the #Packers move on after the 2023 season, they would have a $68.205 million dead cap hit on the books in 2024. https://t.co/su8MOA6evy

— Tom Pelissero (@TomPelissero) March 15, 2022