A supply advised ESPN that the Inexperienced Bay Packers have made a big long-term contract supply for Aaron Rodgers that can remodel the quarterback market.
The phrases of a possible new contract can at all times be modified, however a 3 or four-year deal will assist cap Inexperienced Bay’s wage whereas giving Rodgers, 38, contractual readability into his 40s.
Inexperienced Bay made greater than $27 million over the cap simply 9 days earlier than the beginning of the brand new league 12 months. The Packers have been anticipated to supply Rodgers a brand new deal in some unspecified time in the future this off season, with the twin intent of capturing the wage cap in addition to providing market-wide compensation to the two-times finest participant within the league.
The Broncos additionally lurks as a possible touchdown rival for the Rodgers, with a supply telling ESPN that Denver is prepared to compete to get him both by means of a brand new contract or draft decide compensation.
Rodgers is weighing his choices however is anticipated to decide quickly about his future within the NFL. He beforehand hinted on “The Pat McAfee Present” that he’d prefer to make up his thoughts by the franchise’s tender deadline Tuesday, when packagers must determine whether or not to make use of the tag on star-wide receiver Davante Adams.
No matter Rodgers decides, it can create further cowl area. If he would not play at Inexperienced Bay, the Packers could have between $19.3 million and $26.9 million in wage cap financial savings, relying on the timing of the choice.
Rodgers has one 12 months left on his deal and can rely $46.1 million towards the cap, a determine that can undoubtedly be decreased by the extension if he decides to come back again. To that finish, the Packers vice chairman of soccer operations Ross Paul has been concerned in contracting talks with Rodgers’ agent, David Dunn.
Patrick Mahomes of Kansas Metropolis is at present the highest-paid NFL quarterback, with a $450 million deal and a mean annual worth of $45 million. Josh Allen of Buffalo is the second-highest-paid participant within the league, each by way of complete worth (over $258 million) and common annual worth ($43.006 million).
Atlanta’s Matt Ryan is the one participant within the league with a hat larger than Rodgers. His present take care of Falcons is $48.7 million for the cap.
Packers common supervisor Brian Gutekunst stated final week that Inexperienced Bay had not acquired any industrial presents for Rodgers, stressing that “not a single particular person” had known as to inquire concerning the availability of the quarterback.
A supply confirmed to ESPN that the Packers shall be so desirous to compensate – high draft picks and key younger gamers – {that a} deal may very well be troublesome for the staff buying Rodgers to implement.
League sources advised ESPN’s Adam Shifter final week that the Packers had not been concerned in any buying and selling eventualities concerning Rodgers and have been awaiting his resolution.
A number of league executives consider the Steelers have a minimum of inquired about Rodgers, however their stage of involvement stays unclear.
The Packers began the season with practically $50 million above the wage cap, and that does not embody the contracts of Adams, linebacker de Vonder Campbell and linebacker Rasul Douglas.
Because of a renegotiation with left-footed David Bakhtiari, defensive sort out Kenny Clark and back-to-back Aaron Jones, they’re now greater than $27.5 million, in keeping with ESPN Statistics and Info Analysis.
The Packers will virtually definitely use the franchise tag on Adams if a long-term deal is not finalized by the 4PM ET Tuesday deadline. Inexperienced Bay desires to maintain Adams whether or not or not Rodgers returns.
ESPN’s Rob Damofsky contributed to this report.
