Last offseason, Jordan Love took a risk that many NFL players might shy away from. Instead of securing a guaranteed $20 million via the fifth-year option of his rookie contract, Love chose a one-year, incentive-rich deal, with far less guaranteed money. Betting on his ability to deliver for the Green Bay Packers, Love set out to prove his value as the team’s long-term quarterback.
Jordan Love, Rising NFL Star
With Love leading one of the youngest rosters in the league, the Packers achieved a 9-8 record, ultimately advancing to the NFC Divisional Round. He guided the offense effectively and consistently, finishing the season with impressive stats: 4,159 passing yards, 32 touchdowns, and 50 carries for 247 yards and four touchdowns.
His elite arm talent, confidence in the pocket, and mobility made him one of only four quarterbacks to pass the 4,000-yard mark with 30+ touchdown passes last season.
At only 26, Love is just entering the prime of his career, scratching the surface of his potential.
Negotiating Jordan Love’s Next Contract Extension
As Jordan Love becomes eligible for an extension, the Green Bay Packers will need to consider what it will take to secure their 2020 first-round pick for the long term. With the league seeing quarterback salaries soar in recent years, particularly with deals secured by Justin Herbert (Los Angeles Chargers) and Joe Burrow (Cincinnati Bengals) – both earning over $50 million annually – Love’s negotiation will be challenging for Green Bay.
Daniel Jones, who signed a $40 million annual deal with the New York Giants, sets a baseline expectation. Love, with his postseason success and youth, may command a similar, if not higher, figure.
Thanksgiving Jordan Love was special pic.twitter.com/0OheQD7OH3
— Eli Berkovits (@BookOfEli_NFL) May 7, 2024
Jordan Love’s Next Contract Projection
Spotrac co-founder Michael Ginnitti projected Love’s next contract at four years and $200 million, with $150 million guaranteed. While that’s an ambitious estimate, especially given Jones’ relatively modest guarantees, it’s consistent with the league’s quarterback market. The Packers will likely aim for a competitive but sensible deal, ensuring enough guarantees to keep Love satisfied while maintaining their salary cap flexibility.
Securing the Future in Green Bay Packers
Ultimately, the Green Bay Packers cannot afford to risk upsetting Love to the point where he plays out his current deal and explores other opportunities. With the likes of Herbert and Burrow setting benchmarks, it’s crucial for the Green Bay Packers to reach a deal that reflects Jordan Love’s growing value while ensuring a future centered on their rising star quarterback.
