Packers will pay Rodgers $40 million this year – a $35 million guaranteed signing bonus, a $4.5 million base salary and a $500,000 workout bonus. There is $54 million in total guarantees in the deal, with $9.5 million roster bonuses in 2014 and 2015 that are guaranteed for skill/injury, the source said. Packers president/CEO Mark Murphy said after Rodgers’ deal was announced that negotiator Russ Ball and agent David Dunn struck a deal that gave the Packers relatively good cap flexibility, given the size of the deal.
“I think we structured it in a way where we’ll continue to be in a position where we can compete on the field. But every team faces it. It’s a challenge,” Murphy said. “But he’s been such a great player and represents the Packers so well. I think everybody in the organization is really happy for him but happy for the organization, too, because it’s good for both sides.”
Rodgers’ base salaries after this year’s $4.5 million – he was slated to receive a $9.75 million base salary this year as part of his existing deal – will be $900,000 in 2014, $1 million in 2015, $11.5 million in 2016, $12.55 million in 2017, $19.8 million in 2018 and $20 million in 2019. His salary cap numbers are $12 million this season, $17.9 million in 2014, $18.6 million in 2015, $19.6 million in 2016, $20.65 million in 2017, $20.9 million in 2018 and $21.1 million in 2019.