GREEN BAY, Wis. — The Green Bay Packers and Jordan Love have agreed to one-year extension worth up to $22.5 million.
General Manager Brian Gutekunst announced the transaction Wednesday.
ESPN's Adam Schefter first reported the extension Tuesday that included $13.5 million guaranteed with incentives up to $22.5 million. This means the Packers' quarterback will now be under contract through the 2024 season.
After Aaron Rodgers was traded to the New York Jets last week, Love was expected to start the 2023 season for the Packers.
Tuesday marked the deadline day for teams to decide whether to pick up the fifth-year options on contracts for their 2020 first-round draft picks. The fifth-year option on Love’s deal would have been worth about $20.3 million.
Gutekunst had been asked Saturday after the draft about the option and that coming deadline.
“It’s a lot of money for a guy who hasn’t played, but at the same time, obviously we’re moving forward with him,” Gutekunst said at the time. “So we’ll figure that out by Tuesday.”
The two sides instead agreed on this extension.
Love was drafted 26th overall in the 2020 NFL Draft and has been Rodgers' backup for the last three seasons.
Love has played in ten games over his career, completing 50 of 83 passes for 606 yards, with three touchdowns and three interceptions.
Love will head a Packers quarterback room that also includes rookie fifth-round pick Sean Clifford from Penn State and 28-year-old Danny Etling, who has never appeared in an NFL game.
“I like that room right now and all those guys need reps, so I think we’ll probably see how these guys do before we think about bringing in a veteran right away,” Gutekunst said Saturday.