Aaron Rodgers takes a pay cut for a deal with Jets, as per report

PARK CITY, UT – JANUARY 23: Greenbay Packers QB Aaron Rodgers attends the AXECYB.com party on January 23, 2010 in Park City, Utah. (Photo by Jerritt Clark/Getty Images)

FLORHAM PARK, N.J.-Aaron Rodgers has agreed for a deal with New York Jets , he confirmed while talking to reporters during training camp.

According to NFL Network’s Tom Pelissero, the two sides agreed to a two-year, $75 million guaranteed contract through the 2024 season.

As per  report, this would be  roughly $35 million pay cut, since Rodgers’ previous deal had nearly $110 million guaranteed remaining on it.

The news of the reworked contract came after Rodgers confirmed a ProFootballTalk report Tuesday night he had agreed to a reworked contract.

“Yeah, there’s going to be something hitting probably later on today,” Rodgers said.

Turns out, it was a totally new contract for a player who has repeatedly hinted he was more than just a one-year rental for New York, which hasn’t been to the Super Bowl since its only win with Joe Namath leading the way in 1969.

“The team gave up significant pieces for it to just be a one-year deal,” Rodgers said a few hours before the news of the contract circulated. “I’m aware of that. I think there was an awareness of that. Now, again, anything could happen with my body or the success that we have this year, but I’m having a blast, so I don’t really see this as a one-year-and-done thing.”

In April, the Jets sent the Packers a first-, second-, and sixth-round pick in this year’s draft, along with a conditional second-rounder next year, which could be a first-rounder if Rodgers plays at least 65% of the snaps.Along with the quarterback, Green Bay gave up first- and fifth-round picks this year.

In order to move the trade forward, Rodgers previously agreed to a reworked contract.This year, he is due a fully guaranteed $58.3 million option bonus.

As a result, the Jets were able to add more players to their roster by just having to pay Rodgers the minimum during his first three months with the team, which came to $1.2 million against the salary cap.

However, because of the restructuring, Rodgers’ 2024 pay would have taken a significant penalty to the cap, amounting to $107.6 million.

 

Instead, the Jets and Rodgers were successful in reaching a new agreement that pleased both parties. It also gives Jets supporters hope that they may soon witness a winner after the franchise has endured the NFL’s longest active postseason drought—12 straight seasons—without making the playoffs.

 

Rodgers remarked, referring to his time in Green Bay, “Change can be difficult, for sure, especially when it’s that drastic — 18 years in one spot.“But if you can lean into it and embrace it, there’s some really beautiful things on the other side. And I’ve been experiencing it so far and the people have been great, both in Jersey and in the city. And I’m just having a hell of a time.”