The next franchise quarterback for the Green Bay Packers will be compensated accordingly: Jordan Love.
The Packers intend to sign Love to a long-term contract in or around June 2024 that represents “fair-market” value for a starting NFL quarterback. Ian Rapoport, Tom Pelissero, and Mike Garafolo of NFL Network reported on Super Bowl Sunday. The parties have not yet agreed on a specific price.
Before the 2023 season, the Packers worked out a stopgap agreement with Love, giving him a $22.5 million one-year extension through 2024 and a raise in 2023 before Green Bay had to exercise Love’s fifth-year option. Since the agreement was reached in May, his contract won’t likely be changed again until May of this year.
It is anticipated that the Packers will be open to talking to Love about a new, fair-market contract that compensates him like a real starter. It makes obvious because QB trades typically occur in June, just before the start of training camp. Love, who is still only 25 years old, is about to receive his first significant salary.
