To become the starting quarterback for the Packers on a full-time basis, Jordan Love had to sit out the first four
seasons of his rookie first-round deal. Love’s contract is now good through 2024, but with his 2023 breakout, Green
Bay will soon have to pay its young quarterback a lot more.
Love guided the Packers to a 9–8 record, a wild-card slot, and an unexpected victory in the opening round of the
playoffs. In addition to throwing for 4,129 yards with a solid 96.1 passer rating and 32 touchdown passes, which tied
him for second in the league, he averaged 7.2 yards per pass attempt. In addition, Love ran for four additional
touchdowns and 247 yards.
Without a question, Love outperformed expectations right away when he took Aaron Rodgers’ place, and he only got
better as the season went on. Overall, Love’s performance was improved thanks to its winning output and outcomes.
Love is the quarterback the Packers appear to have struck gold again, replacing Rodgers, who replaced Brett Favre. It
also implies that they will have to pay Love like one very soon. The following estimates the amount of pay increase
and number of years Love can anticipate in the near future:
Love was slated for a four-year, fully guaranteed, $12.383 million contract with a signing bonus of more than $6.5
million. Love was selected with the 26th overall choice in the 2020 NFL Draft. He was bound by that through the
2023 campaign.
After Love took over as the starting quarterback in ’23 following Rodgers’ trade to the Jets, the Packers decided not
to pick up Love’s $20.27 million fifth-year option, instead renegotiating the deal to include a $22.4 million extension
through ’24.
This previous season, Love received a $13.5 million guaranteed contract in addition to a $8.788 million signing
bonus. In addition, he received an additional $4.5 million for half of his pay escalators.
According to Spotrac, Love’s career total is $19.883 million when the two-year extension and his four-year rookie
contract are combined. In 2024, his base income is expected to be $10.5 million; further bonuses will bring that
amount to $12.757 million.
Among full-time starters, Love ranked among the top 10 in touchdown passes, passing yards, passer rating, and
yards per attempt. Despite his inexperience, that should quickly propel him from a relative bargain to a top-10 QB
salary. Joe Burrow ($55 million) and Justin Herbert ($52.5 million), two other 2020 first-round picks, lead the QB
market in terms of average yearly salary. They both signed five-year contracts throughout the offseason, which is the
same length as the megadeals signed by Russell Wilson, Kyler Murray, Deshaun Watson, Lamar Jackson, and Jalen
Hurts.
