Details of Aaron Rodgers’ new contract with Packers revealed

Aaron Rodgers has signed his new deal with the Green Bay Packers, and we now know how much the star quarterback will make.

Rodgers’ contract is essentially worth $150 million over three years. As expected, his salary cap hit for 2022 was lowered significantly, down to $28.5 million from $46.7 million. The agreement also includes two low-money option years on the back end that will be void. Since Rodgers was signed through 2022 on his old contract, the new deal amounts to a four-year extension, tying him to the franchise for five more seasons. But, again, the final two years will be thrown out. The reigning NFL MVP will make $50 million per year over the next three years and then likely retire.

More details:
Essentially, Aaron Rodgers gets $50M per year over 3 years, then likely retires. If he keeps playing, those final two years (on a 4-year extension, 5 years total) will be redone. https://t.co/CVTXfrKSUE

— Ian Rapoport (@RapSheet) March 15, 2022

Here’s a look at the updated cap numbers:

Aaron Rodgers' cap numbers the next three years for the #Packers:

2022: $28.5 million (down from $46.7 million)
2023: $31.6 million (up from $7.7 million on a previously voidable year)
2024: $40.7 million

— Mike Garafolo (@MikeGarafolo) March 15, 2022

Rodgers’ contract extension was initially reported as a four-year, $200 million deal. The 38-year-old disputed that information. While the details of the contract are a bit complicated, the biggest takeaway is still that the $50 million per year makes Rodgers the highest-paid player in NFL history in terms of average annual value.

Now that the Rodgers deal is official, the Packers will likely try to work out an extension with another disgruntled star player.

Photo: Oct 28, 2021; Glendale, Arizona, USA; Green Bay Packers quarterback Aaron Rodgers (12) reacts against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports