After signing Jordan Love to a one-year contract extension last offseason, the Packers can now formally sign him to a mega-deal.
Last season, the Green Bay Packers were hopeful Jordan Love would live up to his first-round hype after taking over for Aaron Rodgers, who had moved on to the New York Jets.
The Packers believed Love had skill because he demonstrated it here and there throughout his NFL career as a backup. But now he needed to do it regularly as a full-time starter, which is easier said than done.
Love exceeded everyone’s expectations in 2023 as he improved every week, helping the Packers go into the NFL playoffs and defeat the Cowboys in the Super Wild card round.
The 25-year-old Love completed 64.2 percent of his passes for 4,159 yards, 32 touchdowns, and 11 interceptions. Based on how he played and his upside, Love is definitely in line for a massive extension and now the Packers can officially start to put the ink to paper.
This time last year, the Packers decided to sign Love to a one-year, $13.5 million contract and not pick up his fifth-year option. That is notable in his particular case as according to NFL rules, one year must pass after signing an extension to potentially extend it again.
That said, it doesn’t mean that Green Bay will immediately sign Love to an extension, but now they have the freedom to do so.
Packers general manager Brian Gutekunst told reporters in March that they’ve had “preliminary discussions” about a potential Love extension.
Spotrac projects Love’s calculated market value as a four-year, $191 million with an average annual salary of $47.9 million.
If the former first-round pick were to get this type of contract, he would have the fifth-highest QB AAV, putting Love ahead of Kyler Murray ($46.1 million), Deshaun Watson ($46M), and Patrick Mahomes ($45M).
Nonetheless, if the Packers can get an extension done with Love in the next few weeks, it will set them up for long-term success.
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