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Green Bay Packers quarterback Aaron Rodgers signed a new three-year, $150 million contract extension on November 9, 2023. The new deal makes Rodgers the highest-paid player in the NFL on an annual basis. Rodgers has spent his entire 18-year career with the Packers, leading them to a Super Bowl title in 2011. He is a four-time NFL MVP and four-time NFL Finals MVP.
The deal makes Rodgers the highest-paid player in the NFL on an annual basis, with an average annual salary of $50 million. He is also now the first player in NFL history to sign back-to-back contracts worth at least $150 million.
Rodgers’ new contract includes a $100 million signing bonus, which is the largest signing bonus in NFL history. He will also receive a $42 million base salary in 2023, a $59.515 million base salary in 2024, and a $49.3 million base salary in 2025.
The contract also includes a number of incentives that could boost Rodgers’ earnings even further. For example, he can earn an additional $1.5 million per year if he leads the Packers to a Super Bowl victory.
Rodgers’ decision to stay in Green Bay is a huge win for the Packers. The 38-year-old quarterback is still one of the best players in the NFL, and he is the heart and soul of the Packers’ offense.
With Rodgers under contract, the Packers have a good chance of being contenders in the NFC for the next few years. They have a talented roster, and they are led by one of the best quarterbacks in the league.
Quotes from Aaron Rodgers and Packers General Manager Brian Gutekunst
Rodgers: “I’m so excited to be back in Green Bay for at least three more years. I love this city, this team, and these fans. We have a lot of unfinished business, and I’m looking forward to getting back to work.”
Gutekunst: “Aaron Rodgers is the best quarterback in the NFL, and he’s the leader of this team. We’re thrilled to have him under contract for three more years. He’s a winner, and he makes everyone around him better.”
Impact of the contract extension
Rodgers’ contract extension is a major win for the Packers. It ensures that they will have one of the best quarterbacks in the NFL under contract for the next few years.
The contract extension also gives the Packers some flexibility in terms of salary cap management. By signing Rodgers to a long-term deal, the Packers have been able to spread out his cap hit over multiple years.
Aaron Rodgers’ contract extension is one of the biggest stories in the NFL this offseason. It is a sign of the Packers’ commitment to winning, and it gives them a good chance of being contenders for the next few years.