Packers extend Rodgers

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Finally, a deal has been reached. Read here. Rodgers signs for 5 years and $110m. That’s huge. Wow. Hard to argue the guy doesn’t deserve it after what he’s done in his career. He is on a trajectory to be one of the best QBs to ever play. That may sound like inflated/biased Packer fan talk but really, it’s just the truth. I like this signing, I like the Matthews signing, I like the Datone Jones pick and I’ll like the team even more if we can fill some holes here this weekend in the draft.

Go Packers!

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3 Responses to “Packers extend Rodgers”

  1. Dave in Tucson Says:

    I’m not the most objective guy on this subject either, but Rodgers does have some very impressive stats:

    * 100+ passer rating every year since 2009
    * 4000+ passing yards 2008-2012 (except 2010)
    * a 3.7:1 touchdown/interception ratio
    * set the record for single-season passer rating in 2011

    Along with the SB XLV MVP, probably already enough to get him into the HOF.

    No question in my mind, he’s worth the money, and I’m glad to see the Packers taking care of this quickly and without much fuss.

    (BTW, anyone want to make an o/u on how long before the Ravens start to regret Flacco’s contract? That’s a lot of money for basically a streak of 4 good games…)

    D∈T

  2. Dave K Says:

    My initial take on this extension is it strikes a good balance between being Packer friendly and giving Rodgers market value for being the best QB in the NFL. It’s a five year extension but includes two years remaining on his current deal so in reality it is a 7 year deal that averages 18.5m a year. That is less then Flacco, Brees, or Manning per year. The difference is that Flacco, Brees, and Manning were negotiating at the end of their contracts and Rodgers still had two years left. That gave the Packers some leverage as they could of forced Rodgers to play out his existing two years at $9m per year and then franchise him for two more years at around $20m per year. It really is a win/win contract. Rodgers get paid a bunch more now ($62m over the next three years) and doesn’t risk a injury that would cost him tens of millions and the Packers get to keep the best QB in the NFL for 7 years at slightly under market value for elite QBs.

    The cap hit hurts. It will probably run around $20m per year. There will just be no room for error going forward for Ted Thompson. It also puts pressure on veterans will bigger contracts to produce at a level that justifies those cap numbers. Pickett, Hawk, Tramon Williams, etc…

  3. Dave K Says:

    “Rodgers’ salary-cap charge for this season is $12 million. Those numbers increase each year to the following: $17.9 million in 2014, $18.6 million in 2015, $19.6 million in 2016, $20.65 million in 2017, $20.9 million in 2018 and $21.1 million in 2019.”

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