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Packers looking at Aaron Rodgers contract restructuring

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One of the NFL’s elder statesman quarterbacks, Tom Brady, has already come out of the offseason with a new contract. For another one, it’s a little more complicated.

The Packers are working on restructuring Aaron Rodgers’ contract, according to NFL Network’s Michael Silver, but the circumstances surrounding a restructure or a possible extension remain curious.

Green Bay has yet to make a free agency signing so far this offseason, their only moves being retaining their own players (notably Aaron Jones, who re-signed on a four-year, $48 million deal). The Packers have reworked deals for kicker Mason Crosby and safety Adrian Amos, and also let Pro Bowl center Corey Linsley sign with the Chargers.

According to Over the Cap, the Packers have about $3 million in cap space. They could free up more space with a Rodgers extension or restructure, but Silver wondered why that deal hasn’t happened yet – as well as what it would say about Rodgers’ long-term future in Green Bay.

“If you restructure it in a way that really kills you cap wise, if you, say, wanted to get rid of him after this season, or the one after, that’s telling Aaron Rodgers something,” Silver said. “If your attitude is, we’re all in on Aaron Rodgers, and we’re just trying to make it happen while he’s here, that restructure should have already been done.”

Aaron Rodgers warms up before the 2021 NFC Championship game.
Aaron Rodgers warms up before the 2021 NFC Championship game.
Getty Images

The Packers infamously drafted Jordan Love in the first round of the 2020 NFL Draft, trading up for him despite still having Rodgers under contract for several seasons. He had his best season in the year that followed, securing his third MVP award.

Green Bay now faces a dilemma: No one wants to get rid of Rodgers while he’s still performing at an elite level, but they also need to decide if Love is the successor before his rookie contract expires. For a Rodgers extension, they must determine how long he will be around, and whether or not they can afford to push the cap into the future.

Additionally, the team continues to sit on its hands as major free agents fly off the board – possibly due to the lack of cap space. If the Packers want to maximize their window while Rodgers is still around, shouldn’t they be going all in? Shouldn’t they extend Rodgers, free up space and make their team better?

“It is perplexing,” Silver said. “You only have Aaron Rodgers for so long, and you were so close last year when he was playing incredible football. Why not get better?”



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