However, he was quick to debunk reports that he already agreed to specific terms.
Hey everyone, just wanted to clear some things up; YES I will be playing with the @packers next year, however, reports about me signing a contract are inaccurate, as are the supposed terms of the contract I “signed”. I’m very excited to be back 💪🏼 #year18❤️
— Aaron Rodgers (@AaronRodgers12) March 8, 2022
Rodgers said, “Hey everyone, just wanted to clear some things up; YES I will be playing with the @packers next year, however, reports about me signing a contract are inaccurate, as are the supposed terms of the contract I “signed.” I’m very excited to be back #year18″
NFL Network insider Ian Rapoport tweeted yesterday that Rodgers “agreed” to a four-year, $200 million deal with $153 million guaranteed.
That contract would have made him the highest-paid player in the league, defeating Patrick Mahomes‘ $45 million average annual value.
However, Rodgers and sports media personality Pat McAfee were quick to debunk the information Rapoport shared.
McAfee added that it’s possible the deal Rapoport tweeted was offered to Rodgers, but he hasn’t necessarily agreed to it yet.
There’s also an argument that the four-time NFL MVP would take less money to help re-sign other players like Davante Adams.
What Rodgers’ New Deal Will Look Like
While specifics regarding the new deal are not yet certain, Rodgers and the Packers would like to retain salary cap flexibility without compromising the money that the veteran quarterback deserves.
Therefore, they will structure the deal to lower his cap hit in 2022 to bring them under the ceiling and beef up their roster.
As the contract goes, Rodgers will earn more money because the targets around him have been signed to long-term deals as well.
If ever they would go over the cap, they can always restructure the contracts by converting base salaries to signing bonuses.
That way, the amount that reflects on the salary cap lessens, helping them to maintain their players while going under the cap threshold.