Rodgers showed up for training camp Tuesday and attended the opening of practice Wednesday, while progress has been made on his contract. On Wednesday, Rodgers admitted he was considering resigning and detailed his offseason stalemate with the Packers. He also said he was still not sure what, if any, would change. The new contract, which includes the same total compensation he would have received each year under his old contract, will expire on the seventh day before the 2023 league year. The franchise label window closes a day before, meaning Rodgers will no longer be pluggable after 2022. If he plays for the next two years, he would become a true free agent. Either way, Rodgers` contract is structured in such a way that 2022 is the crucial year for him and the Packers. That`s one of the reasons Rodgers treated this year as a kind of “last dance.” And that`s in line with Schefter`s report that the contract includes 2022, making it a two-year contract. Rodgers` contract is expected to bring him $14.7 million in base salary this season and $25 million each in 2022 and 2023.
This move will likely turn at least part of Rodgers` base into a signing bonus and spread it over the coming years to give the team additional financial flexibility for 2021. • The year 2023 in his initial contract is invalid, so 2022 is the last year of his contract. After Aaron Rodgers and the Green Bay Packers threw 48 touchdowns in just 5 interceptions in 2020, they agreed on a new contract structure before the 2021 season. Let`s take a look at Rodgers` contract, the Packers` salary cap situation, and Green Bay`s options. According to ProFootballTalk`s Mike Florio, Rodgers wants a new contract after a dominant regular season that will almost certainly earn him his third NFL MVP award. Jonathan Jones of CBS Sports suggests that the wording and impact of the revised contract almost guarantee that Rodgers won`t be with the Packers in 2022. This $27.5 million consists of several elements. Rodgers` base salary for 2021 will be $1.1 million, and he has already received a $6.8 million roster bonus during the final offseason. There is another $500,000 in a training bonus before the rest of the number of caps consists of pro-rated bonus money. Another $11.5 million comes from the initial signing bonus he received, and there is another $4.8 million from this week`s contract change. There is also another $2.85 million in a 2019 restructuring premium.
Pelissero reported, according to a source familiar with the contract, that if Green Bay Rodgers trades before June 1, 2022, it would have about $26.8 million of dead money left at its cap. In 2018, Rodgers signed a four-year, $134 million contract extension. The agreement included a signing bonus of $57.5 million and $78.7 million, which were fully guaranteed at signing. An additional $19.5 million was secured in 2019, totalling up to $98.2 million in guarantees. The signing of the deal comes three days after reports surfaced that Rodgers and Green Bay were in the final stages of negotiations on a revised pact just in time for training camp. He said in a long and open press briefing on Wednesday that he wanted to stay in Green Bay, but also noted that his contract will not give him the right to decide where he will compete in 2022. In addition, the off-year will put additional pressure on the Packers to make a decision on Rodgers` future next March. While the team can retain him until the final year of his contract and allow him to enter free agency in 2023, in that case, the team would only receive a high compensatory draft pick in 2024. On the other hand, a trade in 2022 would likely earn the team significant and immediate draft picks.
This extra motivation likely gives Rodgers some level of confidence that the team will actually move him if his relationship with the front office doesn`t improve, or to work with him on a long-term extension if both sides become friendlier. Ultimately, the Packers are set to bring Rodgers back for another year after back-to-back appearances in the nfc Championship Game. Meanwhile, Rodgers received an adjusted contract that made it more desirable for the team to renew or transfer him after another year in the team, as well as other concessions that have not yet been clarified. According to several media sources, Rodgers and the Packers have reached an agreement to ensure his return for the next football season. Rodgers, whose contract currently runs until 2023 but with no guaranteed money left, will effectively drop this final year of the contract. The year 2023 will become invalid and the Packers will agree not to use a franchise label for him, making him a free agent if he is still under contract with the team at the end of the 2022 season. However, Pelissero also reports that the final year of Rodgers` contract will become null and void on the seventh day before the 2023 league year, which typically begins in March before free agency. That`s a day after the franchise label deadline, which means Rodgers can`t be beaten with a franchise label in 2023; He will technically be under contract before this window closes. What does Aaron Rodgers` contract look like now? And when could he leave the Packers at some point? Here`s a breakdown of what Green Bay`s revised pact with Rodgers looks like for 2021 and beyond. • The expiration provisions were removed from the contract, preventing the Packers from pursuing pro-rated portions of Rodgers` signing bonus.
“It`s hard for me because I`ve never seen it that way,” Packers general manager Brian Gutekunst said before this deal was finalized. Obviously, he still has three years left on his contract at the moment, so we certainly don`t consider him a lame duck. We can change that, but even at this point it won`t be a one-year contract. I`ve never seen it that way. As you know, in this area, everything is done from year to year. I never thought it was a lame duck situation with no player. Rodgers is in the second year of a four-year contract extension worth $134 million. Rodgers agreed to the deal in 2018, but the new contract terms didn`t go into effect until 2020. .
