Green Bay, Wisconsin – The Green Bay Packers are facing a pivotal moment in quarterback Jordan Love’s contract negotiations. After becoming eligible for a new deal on May 3 following the one-year waiting period under the NFL collective bargaining agreement, Love and the Packers signed a one-year, $13.5 million contract extension that could escalate up to $22.5 million by 2023. This extension was a strategic move by both parties as the Packers consider whether to exercise Love’s fully guaranteed $20.272 million fifth-year option for 2024.
Packers general manager Brian Gutekunst hinted at preliminary contract discussions during the NFL annual owners meeting in late March. The connection between Love and former Packers quarterback Aaron Rodgers, both represented by Athletes First but with different primary agents, adds an interesting dynamic to the negotiations.
In comparing Love’s situation to Rodgers’ early career, there is speculation on whether Love’s performance warrants a substantial financial commitment from the Packers. Despite their similarities statistically in their fourth NFL season, Love’s progression in the latter half of a successful 2023 season could impact his market value.
Looking at other quarterbacks in the league, such as Jalen Hurts of the Philadelphia Eagles and Patrick Mahomes of the Kansas City Chiefs, sets a benchmark for Love’s potential salary range. The escalating salaries in the NFL, especially for quarterbacks, present a unique challenge for the Packers in determining Love’s worth.
Whether Love will secure a contract extension or end up with a franchise tag in 2025 remains to be seen. The complex nature of quarterback contracts in the current NFL landscape adds another layer to Love’s negotiation process. As the Packers navigate the delicate balance of nurturing a promising young quarterback while considering the team’s long-term financial stability, Love’s future remains uncertain but full of potential.