The Green Bay Packers are gearing up to solidify Jordan Love as their cornerstone quarterback, with plans to compensate him accordingly. According to reports from NFL Network’s Ian Rapoport, Tom Pelissero, and Mike Garafolo, the Packers intend to secure Love with a long-term contract around June 2024, ensuring he receives fair-market value for a starting NFL quarterback.
In preparation for this move, the Packers previously extended Love’s contract for one year at $22.5 million ahead of the 2023 season. This extension, effectively a stopgap measure, granted Love a salary boost in 2023 and allowed the Packers to delay the decision on his fifth-year option. Given the timing of this deal in May, it’s likely that any further adjustments to his contract will also occur around the same period this year.
Anticipating negotiations for a new contract, the Packers are prepared to discuss terms that reflect Love’s status as a legitimate starting quarterback. Typically, quarterback deals are finalized in June or before training camp begins, aligning with the expected timeline for Love’s contract discussions. At just 25 years old, Love is poised to receive his first substantial payday in the NFL.
Market estimations suggest Love could command an annual salary of $44.8 million, totaling $179.4 million over a proposed four-year deal, as projected by Spotrac.
