New York Jets’ quarterback Aaron Rodgers has agreed to adjust his contract that features a mammoth pay cut.
Per NFL Network’s Tom Pelissero, Rodgers signed a new two-year deal with the Jets worth $75 million. His previous deal had $110 million in guaranteed money on the deal, so the four-time league MVP is agreeing to a monstrous $35 million pay cut on the revised contract.
Pelissero added that Rodgers’ deal is for five years with two option years. The contract also includes no-tag and no-trade clauses.
Last year, Rodgers and the Packers agreed to a giant three-year contract extension worth $150 million. But after a disappointing season that saw Green Bay finish 8-9, Rodgers contemplated retirement and even put himself in a darkness retreat as he mulled over his future.
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Rodgers and the Packers ultimately agreed to part ways this offseason, and he was traded to the Jets ahead of the 2023 NFL Draft. With A-Rod out of town the Packers are now committed to 2020 first-rounder Jordan Love, who has one NFL start under his belt.
The 39-year-old Rodgers (40 in December) joins a Jets team that owns the longest active playoff drought, having last qualified in the 2010 season. With three different starting QBs last year, the Jets salvaged a respectable 7-10 record.
Rodgers will make his New York debut in a home tilt against the Buffalo Bills on “Monday Night Football” on Sept. 11.
