The Packers intend to sign Love to a long-term contract in or around June 2024 that represents “fair-market” value for a starting NFL quarterback. Ian Rapoport, Tom Pelissero, and Mike Garafolo of NFL Network reported on Super Bowl Sunday. The parties have not yet agreed on a specific price.
Before the 2023 season, the Packers worked out a stopgap agreement with Love, giving him a $22.5 million one-year extension through 2024 and a raise in 2023 before Green Bay had to exercise Love’s fifth-year option. Since the agreement was reached in May, his contract won’t likely be changed again until May of this year.
It is anticipated that the Packers will be open to talking to Love about a new, fair-market contract that compensates him like a real starter. It makes obvious because QB trades typically occur in June, just before the start of training camp. Love, who is still only 25 years old, is about to receive his first significant salary.
According to Spotrac, Love’s market value over a new four-year contract would be $44.8 million annually, or $179.4 million in total.
Love understands the gravity of being the quarterback who comes after MVP and Super Bowl champion Aaron Rodgers and Brett Favre, who came before him directly.
Love discussed what it means to take on that role during a radio hit on “The Jim Rome Show” during Super Bowl week in Las Vegas. It looks like he will keep that role for a few more seasons.
“Dude, playing quarterback for the Green Bay Packers is truly something special.” According to Bill Huber of Sports Illustrated, Love stated, “It’s the legacy that came before me, all the great quarterbacks that have been there with Aaron, Brett.”
Love went on, “Green Bay produces quarterbacks that go into the Hall of Fame, and it’s an honor to be able to follow these guys.” You want to go out there and compete, be the greatest, and become the next great quarterback in Green Bay because it holds you to a higher level. However, it’s a unique location to be. In Green Bay, the supporters are unique. I’m thrilled to be a part of that, and I hope to continue the outstanding quarterback play lineage and tradition.
Love, like those great Green Bay quarterbacks who came before him, was outstanding in the latter stages of the regular season and into the playoffs, showing up in the most important situations.
With a 9-8 record and three victories in a row in the last three weeks of the regular season, the Packers concluded the season 7-3 and secured the last NFC playoff position. Before destroying the Dallas Cowboys on Super Wildcard Weekend, Love threw just one interception in the team’s final eight games. He also scored three touchdowns, 272 yards, and almost a perfect quarterback rating.
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