Aaron Rodgers and his contract have dominated the headlines over recent years. That was the case once again in 2022 when Rodgers and the Green Bay Packers agreed to a new contract with a complicated salary and bonus structure. Let’s examine the deal signed by the Packers and Rodgers as well as looking at his net worth after more than a decade in the NFL.
Aaron Rodgers’ contract details and bonuses
The 2022 NFL season was set to be the final year of the four-year $134 million contract extension that Rodgers signed in 2018. The deal was originally supposed to run through the 2023 season, but Rodgers and the Packers negotiated a deal that voided after 2022. Rodgers was due to count $46.664 million against the cap this season before signing the new deal.
The new contract that Rodgers and the Packers signed changes things significantly. The deal is officially viewed as a three-year. $150.815 million contract extension. That includes a reported incredible, fully-guaranteed, base salary of $59.5 million in 2023 and $49.3 million that is not guaranteed in 2024.
There are then also two option years on the back end that carry salaries of $15.85 million and $10 million along with two $5 million roster bonuses.
Those options must be picked up in the 2023 and 2024 offseason. There are mechanisms in the contract to make it difficult for the Packers to do that without carrying huge dead money numbers further into the deal.
The three-year contract extension does not officially begin until 2024. That is because there were still the 2022 and 2023 seasons left on the old contract. That all means that Rodgers is under contract for five years, through the conclusion of the 2026 season. However, expect Rodgers’ contract to change multiple times between now and then.
How Will Rodgers Count Against the Packers’ Salary Cap?
This new deal will reportedly drop Rodger’s cap number to $28.5 million in 2022. His total prorated signing bonus will count for $24.481 million in 2022, with a $1.15 million base salary. There is then $2.852 million in restructure money and a $50,000 workout bonus.
Rodgers’ salary cap numbers after this season get somewhat more complicated. Over the Cap has his cap number in 2023 at $31.624 million, rising to $40.7 million in 2024 and then over $50 million in both 2025 and 2026.
If the Packers wanted to move on from Rodgers they would have dead money values of $128.262 million in 2022, $99.779 million in 2023, $68.205 million in 2024, $45.470 million in 2025, and $22.735 million in 2026.
Rodgers’ Net Worth
Depending on the source you look at Rodgers’ reported net worth varies from around $120 million to over $200 million.
Over the course of his career so far, Rodgers has reportedly earned a total of $305.492 million, including $40.8 million in cash as a signing bonus during the 2022 offseason. If Rodgers simply plays out the remainder of this contract, he will have earned over $450 million in cash.
These contract values do not include any off-the-field endorsements that Rodgers has had during his career. The value of all of these endorsements is not publicly reported making Rodgers’ net worth nothing more than an estimate at this stage.