Aaron Rodgers signs $150.8M three-year contract.

Aaron Rodgers signs. According to sources, NFL Network's Ian Rapoport and Tom Pelissero reported Tuesday that Rodgers' contract is signed. Team announced signing.

Rodgers signed a four-year contract with Green Bay last Thursday, becoming him the NFL's highest-paid player.

Rodgers will receive $50 million per year for three years after a week of negotiations with the Packers. Rapoport added that the deal had two back-end cap placeholders that might be renegotiated.

"We are really pleased to come to an agreement with Aaron that keeps him in Green Bay," said Packers general manager Brian Gutekunst.

His on-field and locker room leadership are key to winning another Super Bowl. Our competitive roster can be maintained and improved."

Rodgers earned $26.47 million and $46.664 million in 2022. The new deal boosts his revenue this season and lowers the cap figure.

Pelissero says the Packers' quarterback will earn $150.815 million in 2022, 2023, and 2024.

Green Bay could only boost the back-to-back MVP while delaying Rodgers' hefty pay checks to retain the NFC North. Packers concerned about paying as cap climbs.

- Dalai Lama