Jordan Love Contract Projection

Zero2Cool
Elite Member Topic Starter

3 months ago

What kind of contract extension do you think Jordan Love will get? He's 25 years old and is under contract through 2024 with a base salary of $10.5m.

The Packers projected to have just over $103m in salary cap space in 2025. However, only 37 players under contract through 2025.

If I'm Jordan Love, I'm probably looking for a 2 or 3 year deal fully guaranteed.

2 yr / $65m
3 yr / $90m

This gives him guaranteed cash and allows him to rock out and hit new money when he's 28 and really hitting his stride during his prime.

BUT

He'll probably get a 4 year / $160m type deal.

For what it is worth, Aaron Rodgers signed a 6 year $63.52 million contract with Green Bay in 2008.

Here's some top QB salaries. What kind of contract do you think Jordan Love will get?
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beast
Select Member

3 months ago

I think you're very low, Salaries are often determined by percentage of cap (of the year of signing) and how good of a player you think they are.

There were a ton of QBs signed in 2023 making it fairly easy to compare.

2023 QB signed contracts in Millions Per Year and then percentages using $224.8 million cap.
$55.0 - Joe Burrow - 24.5%
$52.5 - Justin Herbert - 23.4%
$52.0 - Lamar Jackson - 23.1%
$51.0 - Jalen Hurts - 22.7%
$40.0 - Daniel Jones - 17.8%
$37.5 - Derek Carr - 16.7%
$25.0 - Geno Smith - 11.1%
$24.25 - Jimmy Garoppolo 10.8%

I'm guessing Love's agent would be starting at 25% and wouldn't let Love go below 22%, so let's say 22.5%. Looking at one of the 2024 Cap Predictions, they use $242.5 million. That's a tad more than 54.56 million per year.

Of course, it'll probably look better than that, as it'll be an extension, using his current 2024 of $11 million. So I'm thinking 4 year $175 million or 5 year $230 million extension. That's actually new money of 3 years $164 million or 4 years 218 million.

Martha Careful
Member

3 months ago

Originally Posted by: beast

Interesting....

I would agree with you if he had not soiled the bed in the 4th quarter. I am thinking a 5 year deal for $200mm with some significant escalator/incentive clauses (especially given where we just came from).

I also think Love is smart and realizes he will do better on the next one if the team does better, ergo he wants to make sure the team has the money to get/keep talent.

Go Packers!!!!

Zero2Cool
Elite Member Topic Starter

3 months ago

I would agree with you if he had not soiled the bed in the 4th quarter.

Originally Posted by: Martha Careful

A little success and our expectations get astronomical lol. The guy was first year starter, had winning record AND won a playoff game. Let's ignore that cuz he had one knucklehead play vs a superior team of talent. Silly.

Originally Posted by: beast

I think we're forgetting what Aaron Rodgers got in comparison to others. And forgetting those guys mentioned had numerous starting seasons compared to Jordan Love just having one.

I also agree with you though that I'm probably on the low end. I do think there are more pieces of information we should consider.

bboystyle
Member

3 months ago

Sign him to a contract that gives decent money his first few years and then can reconstructure down the line.

Either way, hes our guy so we need to lock him up

Zero2Cool
Elite Member Topic Starter

3 months ago

Sign him to a contract that gives decent money his first few years and then can reconstructure down the line.

Either way, hes our guy so we need to lock him up

Originally Posted by: bboystyle

Even you're on board with Jordan Love!?! Oh baby!!! That's how I KNOW we in good hands!!! 😁 Only having fun, don't murder me.

Martha Careful
Member

3 months ago

Originally Posted by: Zero2Cool

As announcer Hawk Harrelson used to say. "Don't tell me what you did, tell me when you did it."

I LOVE the kid. I want him to be our guy....AND, he soiled the bed with two interceptions when it mattered most. The two feeling are not mutually exclusive.

Go Packers!!!!

Zero2Cool
Elite Member Topic Starter

3 months ago

Originally Posted by: Martha Careful

Soiled the bed on last interception for sure, not both. He and Aaron Jones weren't on same page. Jordan expected Aaron to squat on the route. Aaron kept moving. This "bad" throw bounced off Jones hands and gets picked.

dhazer
Veteran Member

3 months ago

everything I have seen has him right around the $40 to $43 million a year, but if I am the Packers i don't give a long term huge deal. I like a 5 year deal because after all he shit the bed the 1st half of the year and it was only his 1st year. I feel confident but still do it a few years before you mortgage the future of the team. I think the Eagles made a huge mistake on Hurts they gave him the huge contract off 1 year and look how bad he was this year. So $43 million a year for 4 or 5 years is good and guarantee 4 years to make him happy.

Just Imagine this for the next 6-9 years. What a ride it will be 🙂 (PS, Zero should charge for this)

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