The 2023 season provided clarity for the Green Bay Packers regarding Jordan Love. As the season concluded, Love demonstrated to the NFL that he possesses the qualities necessary to lead Green Bay.
With Love, the Packers anticipate securing their third consecutive franchise quarterback. Consequently, Love is now poised to command a salary commensurate with the league’s top performers.
Matt Schneidman of The Athletic shared a tweet from Spotrac outlining the key elements of Love’s upcoming contract:
Summary
Duration: 4 years
Total value: $200,000,000
Average annual value (AAV): $50,000,000
Guaranteed at signing: $87.5 million
Practically guaranteed: $150 million
Love significantly surpassed expectations with his performance in 2023, rendering it unlikely that he would agree to a one-year, $11 million contract for the 2024 season. Instead, we anticipate a four-year extension worth $200 million for the 25-year-old, featuring a $50 million signing bonus and $87.5 million fully guaranteed upon signing.
This proposed deal includes substantial roster bonuses, which become effective one offseason earlier for the 2026 ($37.5 million) and 2027 ($25 million) seasons, thereby elevating the practical guarantee to $150 million. Within this projection, Love would secure a $40 million raise for the current season.
This agreement ensures Love’s tenure with the Green Bay team for the foreseeable future.
Love is presently committed to the Packers until the conclusion of the 2024 season. If a four-year extension is finalized, it would bind Love to Green Bay until at least the 2027-2028 season, potentially leading to another extension before he turns 30.
Below is a comprehensive breakdown of his statistics from the year 2023:
Here is a comprehensive breakdown of Love’s performance in 2023, along with his ranking among NFL quarterbacks:
– Games Played: 19 (Tied 1st)
– Snaps: 1,203 (98.7%) – Rank: 5th
– Attempts: 634 – Rank: 6th
– Completions: 409 – Rank: 6th
– Completion Percentage: 64.5% – Rank: 16th
– Passing Yards: 4,625 – Rank: 7th
– Yards per Attempt: 7.3 – Rank: 9th
– Passing Touchdowns: 37 – Rank: 2nd
– Touchdown Percentage: 5.8% – Rank: 3rd
– Interceptions: 13 – Rank: 20th
– Interception Percentage: 2.1% – Rank: 13th
– Passer Rating: 97.1 – Rank: 9th
– Rushing Yards: 249 – Rank: 11th
– Yards per Scramble: 8.2 – Rank: 8th
– Rushing Touchdowns: 4 – Rank: 7th
– Total Touchdowns: 41 – Rank: 2nd
– Total Yards: 4,874 – Rank: 8th
– Adjusted Net Yards per Attempt: 6.83 – Rank: 8th
– Air Yards per Completion: 6.1 – Rank: 9th
– Depth of Target: 8.9 – Rank: 4th
– Passing First Downs: 230 – Rank: 4th
– Success Rate: 47.9% – Rank: 9th
– Expected Points Added (EPA) per play: 0.177 – Rank: 4th
– PFF Grade: 83.6 – Rank: 11th
– Defense-adjusted Value Over Average (DVOA): 19.0% – Rank: 6th
– Times Sacked: 30 – Rank: 2nd
– Sack Percentage: 4.5% – Rank: 3rd
– Big-Time Throws: 37 – Rank: 3rd
– Turnover-Worthy Plays: 18 – Rank: 11th
