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Love is going to have to hang on this year. The only talented players he has to throw to are second year guys and the rest are rookies. Maybe Deguara plays a little more and shows something, but the odds aren’t great on that.
If Love can do just enough to keep hope alive, his second year looks a little more promising. Watson and Doubs in their third years with the two TEs and the slot guy in their second years seems more workable if they pan out for him.
Three years as Rodgers backup, in the same system, gives Love a nice foundation. His physical tools give him a chance. An average OL is better than a lot of young guys get in their first year. But his passing weapons are very inexperienced. I hope he can do enough to get one more chance next year. But the tackle situation needs to get resolved quickly or that might not be ideal either.
Do the Packers exercise the 5th year option on Love?
They have until tomorrow to make the decision. It would guarantee Love $20.27M in salary for 2024.
Do the Packers exercise the 5th year option on Love?
They have until tomorrow to make the decision. It would guarantee Love $20.27M in salary for 2024.
There's some talk they might actually be working on an extension. Imagine it would include performance incentives.
I can't run no more
With that lawless crowd
While the killers in high places
Say their prayers out loud
But they've summoned, they've summoned up
A thundercloud
They're going to hear from me - Leonard Cohen
If they can't do an extension, they exercise the option.
You don't draft a QB in R1, have him sit 3 years, and trade away Rodgers to not give the guy a chance, and not get a long enough look to know if he's good. $20M for a starting QB is nothing in the NFL, with the way QB contracts are.
If they don't have him under contract next year, what is the plan at QB then? Starting a rookie would be dicey, signing Andy Dalton would be gross.
Report Love has been given an extension through 2024.
Adam Schefter
@AdamSchefter
Packers and Jordan Love have agreed on a one-year contract extension worth up to $22.5 million, including $13.5 million fully guaranteed, per source.
I can't run no more
With that lawless crowd
While the killers in high places
Say their prayers out loud
But they've summoned, they've summoned up
A thundercloud
They're going to hear from me - Leonard Cohen
Did we extend instead of exercising the option as it’s less guaranteed money??
Yes, they also restructured Savage, hopefully Safety help and a Vet receiver are in the works, although it may be best to wait until cut downs for the vet receiver as not much left in free agency maybe Landry
It’s not much difference than the 5th year option. Love gets a nice chunk of change now. And presumably, the Packers could cut him after this year and save 5M or so. It’s a little less risk than the full 5th year option for the Packers and it’s money up front for Love.
It’s actually a nice compromise. Instead of 20 guaranteed, it’s 13 guaranteed and some up front. It’s a nice meet in the middle for a guy who hasn’t proven anything.
Kind of interesting that Jordan signed that. If he thought he was going to ball out, he took a below market deal. Ultimately it is surprising to me that he signed it and good for the Packers!
Kind of interesting that Jordan signed that. If he thought he was going to ball out, he took a below market deal. Ultimately it is surprising to me that he signed it and good for the Packers!
Not really. I think he's betting on himself. If he performs well, he makes more money upfront and overall vs. his current contract + 5th year option.
"There's a lot of interest in the draft. It's great. But quite frankly, most of the people that are commenting on it don't know anything about what they are talking about."--Ted Thompson
If he plays well, he'll make $2.5m more with this deal--with more upfront. If he plays poorly and the Packers go a different direction, I think he loses about $6-7M in this deal. Essentially, he's betting on himself to do well.
"There's a lot of interest in the draft. It's great. But quite frankly, most of the people that are commenting on it don't know anything about what they are talking about."--Ted Thompson
If he plays well, he'll make $2.5m more with this deal--with more upfront. If he plays poorly and the Packers go a different direction, I think he loses about $6-7M in this deal. Essentially, he's betting on himself to do well.
The 5th year was more guaranteed than this deal and nearly identical max value if you add the 5th year plus what he was scheduled to make this year. This is absolutely not as good as the 5th year option for Love and it’s all but certain the Packers informed them they were not going to exercise the 5th year option.
If Love declined it and had a great year, he’d make double in 2024. But injuries happen. Hard to say he’s not confident in himself by signing this deal because even if he is confident, injury is a risk and that’s a reason to sign this deal.
In the end, Love gives up the chance to make 20 extra million in 2024 by signing this deal, but he gets a lot of money up front so he’s secure even if the worst happens.
It makes sense for both sides, but if Love was really betting on himself in the biggest way, he woulda said nope, and got a lot more next year.
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