The Green Bay Packers and franchise quarterback Jordan Love agreed to the richest contract extension in franchise history on Friday night. The deal ends Love’s “hold in,” which was his refusal to participate in practice until his deal was signed. The decision, of course, was understandable. The Detroit Lions and Minnesota Vikings have already lost a projected starter on their roster due to non-contact injuries.
As it turns out, the Packers and Love were as close to getting a deal done as many believed. Green Bay’s starting quarterback, who was second in the NFL with 32 touchdown passes last season, missed just four non-padded practices. He is returning to practice on Saturday for the first padded practice of training camp.
The Green Bay Packers and Jordan Love Agreed to an Historic Contract Extension
The contract that Love and the Packers agreed to is reportedly four-year deal worth $220 million. It includes a $75 million signing bonus, which is the largest signing bonus in NFL history. This bonus needs to be paid out to Love by December.
It also includes $155 million in guaranteed money, which is significant for the Packers organization. In the past, Green Bay has not guaranteed money beyond the first year of a contract.
The decision to guarantee money to Love beyond this season and 2025 proves that they are more than confident that he will be one of the best quarterbacks in the NFL for years to come.
Love’s $55 million annual salary is the highest in the NFL (tied with Joe Burrow of the Cincinnati Bengals and Trevor Lawrence of the Jacksonville Jaguars).
When speaking to the media today, head coach Matt LaFleur expressed how happy he was for his young quarterback. He also had a blunt and realistic piece of advice for Love:
LaFleur then added, “He’s been raised the right way. I always tell him if he changes who he is, I’ll call his mom.”
Love will address the media for the first time since signing his new contract on Saturday after practice.