Rodgers responds after new four-year deal with Packers

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UPDATE: 5:05 p.m.

WTMJ Voice of the Packers Wayne Larrivee breaks down the deal and what it means for the Packers.(Make sure to subscribe to the WTMJ Extra podcast for our best feature stories and interviews.)

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4:02 p.m.

Rodgers responds.

 

It’s been an amazing ride the last 13 years; excited to start year 14 knowing that my future is here, in Green Bay, for our 100th season. I’ve grown up in this place, and grown older and a little wiser along the way. Thank you to our incredible fan base for inspiring us players to be better year after year. Thank you to the Packers organization for standing by me time and time again and giving me the opportunity to lead this football team. And thank you to my teammates along the way, past and present who have impacted my life in so many positive ways, giving me friendships for life. Looking forward to making some more memorable moments this year, and for years to come.... #packers100thseason #packersfamily #packerforlife #midrange

A post shared by Aaron Rodgers (@aaronrodgers12) on Aug 29, 2018 at 2:00pm PDT

1:12 p.m.

This deal brings some cap-friendliness.

Assuming Aaron Rodgers' new deal doesn't touch his existing contract and is prorated evenly, his cap hits will still be ~$9m less than Kirk Cousins' over the next 3 seasons

— Mike Renner (@PFF_Mike) August 29, 2018

1:01 p.m.

The Rodgers deal will be the largest in NFL history for both average salary and guaranteed money.

Aaron Rodgers new deal with the Packers will be worth $176 million to $180 million total, per source. Big feature is cash flow: $67m before end of calendar, over $80m before St. Patrick’s Day next year, $103m practically guaranteed, per source.

— Adam Schefter (@AdamSchefter) August 29, 2018

Aaron had two years left at $20M per year. If ‘new money’ average is $33.5M, then six-year average is $29M (exceeds Cousins deal as a true free agent). #AaronRodgers

— Andrew Brandt (@AndrewBrandt) August 29, 2018

Original story

A report says that the Green Bay Packers and their all-world quarterback have a new contract done.

James Jones of NFL Network, a former Packers teammate, reports Rodgers will receive $100 million in guaranteed money for a new four-year deal.

BREAKING 🚨 The #Packers and 2-Time MVP QB @AaronRodgers12 have agreed to terms on a 4-year extension worth $33.5 million in new money...plus incentives per year...He gets over $100 million in guarantees.

— James Jones (@89JonesNTAF) August 29, 2018

Ian Rapoport of NFL.com adds details on total amounts.

The #Packers and QB Aaron Rodgers have agreed to terms on a 4-year extension worth $134M, source said. He gets more than $80M by March. A huge first year payout for their star

— Ian Rapoport (@RapSheet) August 29, 2018

ESPN's Adam Schefter reported this first Wednesday afternoon.

Packers and Aaron Rodgers are expected to complete their record-breaking extension by the end of the weekend, source tells ESPN. But the deal is expected to now be finalized and in place before the start of the regular season, per source.

— Adam Schefter (@AdamSchefter) August 29, 2018

There had been reports thatRodgers has wanted the ability to negotiate more opportunities to renegotiate his deal. He has also expressed a desire to stay with the Packers for his entire career.

It is expected that Rodgers will make a large percentage of his new contract guaranteed money.