The Green Bay Packers are going to dump a truckload of money at quarterback Aaron Rodgers’ doorstep sometime soon.
Now that the Atlanta Falcons have (temporarily) made Matt Ryan the highest-paid player in the game at $30 million annually, the bar has been set for Rodgers’ new deal.
What is that deal going to look like? CBS Sports has a projection from former agent Joel Corry. He brings the number in at $32 million annually, which seems logical.
The new money comes in at $160 million. Since it’s actually an extension and Rodgers has two years left on his current deal, the total value would be $202 million over seven years. Projected signing bonus: $52.5 million. Projected guaranteed money: $87 million.
We would expect the guaranteed money is likely the sticking point between the Packers and Rodgers right now.
The Minnesota Vikings gave Kirk Cousins a fully-guaranteed contract for three years and $84 million. That money is fully guaranteed at signing.
Ryan’s extension went for five years and $150 million. He got $94.5 million fully guaranteed at signing and a total of $100 million guaranteed.
The Packers aren’t in the habit of handing out those types of guarantees. Rodgers likely wants to better the Ryan numbers. So perhaps there’s the holdup.
What the Packers typically do with large contracts is build in per-game roster bonuses. In other words, if you play, you get a nice chunk of change for doing so. Rodgers has these incentives in his current deal and the Packers weighted linebacker Nick Perry’s contract with them, as well.
So when might this deal get done? We keep hearing “soon.” We would suspect it will be done before training camp. The Packers have plenty of time to work it out between now and July.