Jordan Love's Contract Extension with the Packers
Cap Charges and Contract Details
On May 3, 2023, Jordan Love signed a one-year, $135 million contract extension with the Green Bay Packers. His cap charges for the previous years were: $23 million (2020), $28 million (2021), and $34 million (2022). His current contract is worth $135 million but could increase based on incentives up to $45-50 million per year, making Love one of the highest-paid quarterbacks in the NFL.
Base Value and Guaranteed Money
Love's new deal has a base value of $135 million, with $13 million fully guaranteed. The contract includes void years, which means that the Packers can release Love after a certain number of years without having to pay the remaining guaranteed money.
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