Jordan Love’s Lucrative Contract Extension Following Breakout 2023 Season”

Jordan Love, patiently biding his time through his initial rookie contract, has emerged as the Green Bay Packers’ full-time starting quarterback, signing through the 2024 season. Following his impressive 2023 season, where he led the Packers to a wild-card berth and a first-round playoff victory, the question looms: how much will Love command in his next contract?

Securing a 9-8 record, Love threw 32 touchdown passes, ranking second in the league, and accumulated 4,129 yards with a robust 96.1 passer rating. His dual-threat abilities were on display, rushing for 247 yards and four additional touchdowns, signaling a promising future.

The Packers, having transitioned seamlessly from Brett Favre to Aaron Rodgers, now find themselves in a position to compensate Love as their next franchise quarterback. With projections in mind, let’s explore the potential raise in salary and contract duration that Love could expect.

### Jordan Love’s Contract History

Love, drafted 26th overall in the 2020 NFL draft, initially inked a four-year, fully guaranteed deal worth $12.383 million. As Rodgers departed for the Jets and Love assumed the starting role in 2023, the Packers opted to forgo Love’s fifth-year option, opting for a $22.4-million extension through ’24.

This extension included a $13.5 million guaranteed salary for the past season, coupled with an $8.788 million signing bonus. Adding his rookie deal and extension, Love’s career earnings stand at $19.883 million, with a base salary of $10.5 million in ’24 before bonuses.

### Career Earnings Projection

Considering Love’s impressive stats placing him among the top 10 in various categories, he is poised to transition from a relative bargain to a top-tier quarterback salary. Comparisons with fellow 2020 first-rounders Joe Burrow ($55 million) and Justin Herbert ($52.5 million) set the tone for the market.

The ’23 offseason witnessed lucrative deals for Derek Carr and Aaron Rodgers, both securing $37.5 million per season on new teams. Hovering just above them are the $40 million per season trio—Dak Prescott, Daniel Jones, and Matthew Stafford—each signing four-year deals.

The suggested sweet spot for Love’s future contract hovers around $45 million per season. At 25, he is younger than his high-earning counterparts, yet his unproven status demands a strategic negotiation. Opting for a four-year deal around $180 million, with over $100 million guaranteed, could position Love for a prime reset in 2028.

As Love gears up for the 2024 season, the stage is set for him to solidify his status as a long-term starter, potentially commanding a place at the pinnacle of the quarterback market.