Aaron Rodgers has contract supply from Inexperienced Bay Packers that may alter QB market, supply says

The Green Bay Packers have made a major long-term contract supply to Aaron Rodgers that may alter the quarterback market, a supply informed ESPN.

Phrases of a possible new contract might at all times change, however a three- or four-year deal would assist Inexperienced Bay’s salary-cap scenario whereas giving Rodgers, 38, contractual readability properly into his 40s.

Inexperienced Bay is greater than $27 million over the cap simply 9 days earlier than the beginning of the brand new league yr. The Packers have been anticipated to supply Rodgers a brand new deal in some unspecified time in the future this offseason, with the twin intention of getting below the wage cap and likewise offering market-level compensation for the two-time reigning league MVP.

The Broncos are also lurking as a possible contender to land Rodgers, with a supply telling ESPN that Denver is prepared to compete to accumulate him both by a brand new contract or draft-pick compensation.

Rodgers is weighing his choices however is anticipated to decide quickly about his future within the NFL. He beforehand hinted on “The Pat McAfee Present” that he’d wish to make his determination by the franchise tender deadline Tuesday, when the Packers must determine whether or not to make use of the tag on star broad receiver Davante Adams.

No matter Rodgers decides will create further cap area. If he does not play in Inexperienced Bay, the Packers would get between $19.three million and $26.9 million in salary-cap financial savings, relying on the timing of the choice.

Rodgers has one yr left on his deal and would rely $46.1 million in opposition to the cap, a quantity that may little question be lowered by an extension ought to he determine to return. To that finish, Packers vice chairman of soccer operations Russ Ball has been engaged in contract talks with Rodgers’ agent, David Dunn.

Kansas Metropolis’s Patrick Mahomes presently is the NFL’s highest-paid quarterback, with a $450 million deal that has a mean annual worth of $45 million. Buffalo’s Josh Allen is the league’s second-highest-paid quarterback, each when it comes to complete worth (over $258 million) and common annual worth ($43.006 million).

Atlanta’s Matt Ryan is the league’s solely participant with a cap hit bigger than Rodgers’. His present take care of the Falcons counts $48.7 million in opposition to the cap.

Packers basic supervisor Brian Gutekunst mentioned final week that Inexperienced Bay has not acquired any commerce gives for Rodgers, emphasizing that “not a single person” has called to inquire in regards to the star quarterback’s availability.

One supply burdened to ESPN that the Packers would need a lot in compensation — high draft picks and key younger gamers — {that a} commerce could possibly be troublesome for the staff buying Rodgers to execute.

League sources informed ESPN’s Adam Schefter final week that the Packers had not engaged in any commerce situations concerning Rodgers and have been awaiting his determination.

A number of league executives imagine the Steelers have a minimum of inquired on Rodgers, however their stage of involvement continues to be unclear.

The Packers started the offseason practically $50 million over the wage cap, and that does not embody the contracts of Adams, linebacker De’Vondre Campbell and cornerback Rasul Douglas.

Because of renegotiations with left sort out David Bakhtiari, defensive sort out Kenny Clark and operating again Aaron Jones, they’re now $27.5 million over the cap, in line with ESPN Stats & Info analysis.

The Packers virtually actually will use the franchise tag on Adams if a long-term deal is not accomplished by the four p.m. ET deadline Tuesday. Inexperienced Bay needs to retain Adams whether or not Rodgers returns or not.

ESPN’s Rob Demovsky contributed to this report.