According to NFL Network's Ian Rapoport and Tom Pelissero, the contract between Aaron Rodgers and the Green Bay Packers has been signed. Pelissero and Rapoport tweeted details of the contract, including the annual salary, and the numbers are astounding.
Reportedly it will be surmounting $150 million for Rodgers over three years, with nearly $75 million guaranteed at signing. Based on the annual average, this makes him the highest paid player in NFL history.
One of the advantages of Rodgers' signing with the Packers is that it frees up the cap area. According to ESPN, the Packers salary cap deficit goes from $46 million to $28 million with this deal.
It's this frontier area that has allowed the Packers to keep wide receiver Davante Adams under the franchise label, up to about $18.4 million in 2022. Apparently, that's not what Adams wanted. According to Rapoport, Adams told the Packers he would not play under the franchise label and wanted a long-term deal. Green Bay will need a lot of room to make room for the Adams deal, but it has time to work it out.
Source: Yahoo News