Reports: Salary details of Aaron Rodgers' record new deal with Packers revealed

Aaron Rodgers’ new deal with the Green Bay Packers is reportedly signed, sealed and delivered. Details are starting to come out about the “complicated” contract — and it could help the Packers down the road.

Rodgers is signing a four-year deal with two “dummy” years as placeholders on the back end, according to NFL Network’s Ian Rapoport. NFL Network’s Tom Pelissero added a full breakdown of Rodgers’ new deal. He’ll make $42 million in 2022, $59.515 million in 2023 and 49.3 million in 2024, and the first two years are fully guaranteed.

Rapoport added Rodgers “likely retires” after those three years, but Green Bay can re-do the last two years of the deal if he continues to play.

The Milwaukee Journal-Sentinel’s Tom Silverstein reported Rodgers’ cap number dropped significantly to $28 million — a stark contrast to the original $46.66 million hit, according to Pro Football Talk’s Mike Florio.

That new cap number is huge for the Packers as they continue to work on a deal for Davante Adams. Adams reportedly told the Packers he won’t play under the franchise tag and wants a long-term extension. A new deal isn’t close, but Green Bay’s new cap situation could help with that.

Rodgers, the two-time reigning MVP, decided on his future last week, and reports said he signed a $200 million deal. However, he — and FanDuel host Pat McAfee — said that number wasn’t accurate. Based on Rapoport’s reporting Tuesday, that proved to be true.

Aaron Rodgers, Green Bay Packers come to an agreement

One of the biggest decisions of the NFL offseason is in. Aaron Rodgers is reportedly signing a four-year, $200 million deal with the Green Bay Packers that makes him the highest-paid player in NFL history. NFL Network’s Ian Rapoport revealed details on the deal following Pat McAfee breaking the news of Rodgers’ decision to stay in Green Bay.

“He gets a whopping $153M guaranteed and his cap number goes down,” Rapoport shared. “A monstrous commitment by GB for years to come.”

This past season, Rodgers claimed his second straight MVP award as he threw for 4,115 yards and ranked third in the NFL with a 68.9% completion percentage. He also threw for a league-low four interceptions and 37 touchdowns — giving him one of the best touchdown-to-interception ratios of the year. Green Bay earned the top seed in the NFC playoffs but ultimately fell to San Francisco in the divisional round.

Reports of a deal this huge surfaced last week. Rodgers’ plan was to announce his decision before the franchise tag deadline on Tuesday, which is exactly what he did. Now, with their franchise quarterback locked in for four more years, the Packers can move on to other major decisions. Green Bay is likely to use a franchise tag on receiver Davante Adams, Rodgers’ top target over the past few seasons.