Aaron Rodgers has already sent plenty of signals that he is fully invested in making the most of his time with the Jets. But three months after the Jets and Packers completed a trade that landed the future-hall-of-fame quarterback in Florham Park, Rodgers offered perhaps the most significant sign yet of just how invested he is.
He’ll be playing for the Jets at a major discount after restructuring a pay cut into his reworked contract.
Rodgers agreed to a new deal Wednesday that will pay him $75 million guaranteed over the next two seasons, a source confirmed to NJ Advance Media. Rodgers was set to make $110 million guaranteed on his previous deal, so that’s a $35 million savings for the Jets.
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NFL Network first reported the details of the new contract.
The deal also includes several void years to spread the cap out over multiple seasons. According to ESPN, Rodgers will carry a $8.4 million cap charge in 2023, and count $17.2 million against the cap in 2024.
Bottom line: that’s a huge discount for the Jets considering Rodgers is less than two years removed from winning back-to-back MVP awards. And that extra money should allow them significant flexibility as they try to acquire extra talent in pursuit of their first Super Bowl in 55 years.
Earlier Wednesday, Rodgers confirmed a Pro Football Talk report that he had finalized his restructured contract. But he wasn’t interested in divulging any specifics.
“Umm, I think you’ll see when it comes out,” Rodgers said Wednesday.
Before the trade in April, Rodgers and the Packers reworked his contract to give Green Bay and the Jets cap relief to navigate the remainder of the offseason. Rodgers signed a three-year, $150 million deal with the Packers in March of 2022 and before it was restructured, Rodgers was set to count $1.22 million toward the Jets’ cap in 2023, with a massive $107.6 million cap hit due in 2024.
Rodgers’ new deal not only provides massive relief for 2024,…
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