How does Aaron Rodgers' significant injury affect his contract with the Jets? Here's an analysis.
Monday night's events at MetLife Stadium unfolded with a multitude of implications.
In just his fourth snap for the New York Jets, Aaron Rodgers sustained a torn Achilles. This incident has dramatically altered the trajectory of the 2023 NFL season.
Though Zach Wilson stepped up to guide the Jets to a win in Rodgers' absence, the future starting quarterback remains a topic of debate. Additionally, the Green Bay Packers' future draft pick depends on Rodgers' playtime with the Jets. Not to mention, the recent restructuring of Rodgers' contract after his move to Gang Green is another point of discussion.
Let's delve into the financial repercussions of Rodgers' injury and break down his contract with the Jets:
On August 1st, Rodgers penned a two-year, $75 million contract with the Jets. This was a decrease from his original expected earnings of $110 million over two years. He took the cut aiming to grant the Jets more latitude in signing adept players, as reported by NBC Sports' Peter King.
Summing up, Rodgers is tied to a three-year, $112.5 million contract. However, the last year (2025) comes with a non-guaranteed bonus option, as noted by Over the Cap.
What's the 2023 guaranteed payout for Aaron Rodgers? His contract assures him of $75 million, incorporating both his 2023 and 2024 salary and the signing bonus.
Despite his injury cutting his season short, Rodgers' contractual obligations remain unaffected for the current and upcoming year. Come December, the soon-to-be 40-year-old, four-time MVP will still be on the Jets' roster for 2024, unless he opts for retirement.
What's the sum total of Aaron Rodgers' career earnings?Drafted by the Packers in the 2005 first round, Rodgers has accumulated $342,496,898 through NFL contracts, inclusive of the $36,888,888 from the Jets in 2023, as listed by Spotrac.
His earnings surpass those in the NFL, outdoing Tom Brady at $332,962,392, Matthew Stafford's $328,306,037, and Matt Ryan's $303,713,631.
How much financial leeway do the Jets currently possess?According to Over the Cap, the Jets have a cap room of $9,829,718. This should suffice to onboard an experienced quarterback. However, for a higher-priced player acquisition, they would need to free up funds by reconfiguring contracts or involving players in trade-offs.
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