Green Bay packages did not use Aaron Rodgers’ list bonus in 2021 to create a salary cap.
According to ESPN’s Rob Demovsky, the Packers paid Rodgers’ $ 6.8 million bonus on Friday, which means it will not be turned into a signing bonus as part of the contract restructuring.
The team could have made the conversion to free up space for the lid this year. Turning the money into a signing bonus would have provided the maximum threshold in the last three years of Rodgers’ contract, now releasing dollars from the ceiling, but adding dollars to the ceilings of the last two years.
Rodgers still has $ 14.7 million in base salary that can be turned into a signing bonus if the Packers want a simple restructuring. The team can also work with Rodgers on an extension that could reduce his maximum in 2021 – currently to $ 37.2 million in the NFL – and add years to the transaction, providing a stronger financial commitment to by the quarterback MVP this season.
The Packers used the conversion of roster bonuses for several veteran players, including Adrian Amos and Za’Darius Smith, to create cover space before the start of the new league year.
According to Demovsky, a restructuring or extension of the contract is still possible for Rodgers. Mike Silver of the NFL Network reported Monday that the team is working on a restructuring.
The Packers, who drafted Jordan Love in the first round last year, have options. They can leave Rodgers’ contract alone and play the game from year to year. They can do a simple restructuring of Rodgers’ agreement to help now, but they can complicate the decision on Rodgers or Love later. Or they can make a big expansion or restructure and fully engage with Rodgers, creating a Jimmy Garoppolo situation for Love.