The Green Bay Packers have signed quarterback Jordan Love to a record-breaking four-year contract extension worth $220 million, marking the largest deal ever awarded to an NFL quarterback. The new contract, which includes a record $75 million signing bonus and $155 million in fully guaranteed money, significantly exceeds previous quarterback contracts.
Love, who was drafted by the Packers in 2020, had his breakout season in 2023 as the team’s full-time starter. During the season, he led Green Bay to the playoffs, throwing for 4,159 yards and 32 touchdowns while maintaining a passer rating of 96.1. The Packers finished the season with a 9-8 record, making it to the divisional round of the NFC playoffs before being defeated by the San Francisco 49ers.
The new deal for Love matches the average annual salary of $55 million previously set by Joe Burrow of the Cincinnati Bengals and Trevor Lawrence of the Jacksonville Jaguars, placing Love among the highest-paid players in the league. This contract surpasses the average annual values of other recent quarterback extensions, including those of Jared Goff and Tagovailoa.
Love’s contract renewal comes after three seasons as a backup to Aaron Rodgers, during which Green Bay won only one playoff game. Love’s performance in his first full season as a starter appears to have bolstered his position as the Packers’ long-term quarterback.
The Packers will open their 2024 season against the Philadelphia Eagles on September 6. The game will be available for streaming on Peacock.
National Broadcasting Company:
Packers sign Jordan Love to richest QB contract in NFL history
Washington Post:
After 18 starts, Packers make Jordan Love one of NFL’s richest QBs