Aaron Rodgers' contract provides Packers short-term salary-cap relief with lower 2022 hit
GREEN BAY - Green Bay Packers quarterback Aaron Rodgers' salary-cap number has been reduced to $28 million as part of a new four-year contract.
Rodgers' cap number had been $46 million, so his new deal saves the Packers around $18 million on their salary cap.
The Packers now just have to trim about $4 million more to get under the cap after the signing of linebacker De'Vondre Campbell and the Rodgers restructure.
According to NFL Network, Rodgers will be paid $150.6 million guaranteed on his deal. He’ll earn $74.5 million in the first new year and $62 million average through the second new year.
Per multiple reports, Rodgers will receive $42 million in 2022, $59.515 million in 2023 and $49.3 million in 2024, and the first two are fully guaranteed at signing.
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The Packers' cap goes down from $46 million. There are option years, which could trigger money if Rodgers chooses to play that particular year.
According to NFL Network, these are Rodgers' cap numbers the next three years:
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
One downside of the deal for the Packers, per NFL Network: If Rodgers retires or the team decides to move on after the 2023 season, they would be saddled with a $68.205 million dead money hit in 2024.