The current title of highest-paid player belongs to Patrick Mahomes, who signed a 10-year, $450 million extension in July. If the Packers' offer is truly going to alter the market, then the new deal would almost certainly have to pay Rodgers more than the $45 million per year. The fact that the offer leaked out actually makes the Packers look good, because if Rodgers decides to leave, Green Bay can just point to the offer and say, "We did everything we could to keep him."
For the Packers, the one huge upside to giving Rodgers a market-altering deal is that it would actually help them with cap space for 2022. Under his current deal, Rodgers has a cap hit of nearly $47 million for the upcoming season, but if he gets a new contract, the Packers could probably shave $20 million to $25 million (or more) off that cap hit.
The report doesn't mention the exact terms of the deal, it wouldn't be surprising at all to learn that the contract offer is worth the kind of money that would make Rodgers the highest-paid player in the NFL based on average annual salary.
Jets Global
For the Packers, the one huge upside to giving Rodgers a market-altering deal is that it would actually help them with cap space for 2022. Under his current deal, Rodgers has a cap hit of nearly $47 million for the upcoming season, but if he gets a new contract, the Packers could probably shave $20 million to $25 million (or more) off that cap hit.
The report doesn't mention the exact terms of the deal, it wouldn't be surprising at all to learn that the contract offer is worth the kind of money that would make Rodgers the highest-paid player in the NFL based on average annual salary.
Jets Global