Aaron Rodgers’ Deal Could Be Highest Ever By AAV

On Tuesday, Aaron Rodgers reportedly agreed to a multiyear contract that will keep him in Green Bay, ending months of speculation.

NFL Network reported the deal at $200 million over four years ($153M guaranteed), which would make the 38-year-old the highest-paid player by AAV in NFL history — though hours later, Rodgers denied the accuracy of the terms.

Rodgers’ extension is expected to lower his $46.6M cap hit, providing extra room for Green Bay to build another contender and keep Davante Adams with either a franchise tag or long-term contract.

• The Packers are around $26M over the cap, and the reported new terms would free up around $21M.
• Last offseason, after a short training camp holdout, Rodgers restructured his four-year, $134M contract to make 2023 a voidable year and pave the way for a possible departure.
• If the $50M per-season number is accurate, it would surpass Chiefs QB Patrick Mahomes’ $45M.

Rodgers won his second consecutive and fourth overall MVP in 2021, throwing for 4,115 yards and 37 touchdowns against just four interceptions for the 13-4 Packers.

The return means 2020 first-round pick Jordan Love will remain backup QB. 

With a new deal for Adams, the Packers’ third-best Super Bowl odds (+900*) should only improve — although they haven’t made an appearance since 2010.