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Aaron Rodgers, Packers Close To Long-Term Extension

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(Photo by Stephen Dunn/Getty Images)
(Photo by Stephen Dunn/Getty Images)

Move over Joe Flacco: Your stay as the highest-paid player in NFL history is quickly coming to a close.

The Green Bay Packers are currently negotiating with quarterback Aaron Rodgers to make him the highest-paid player in league history. Ian Rappaport of the NFL Network reports that the Packers and Rodgers stand just $2 million apart on a deal that would pay the 2011 NFL MVP just north of Joe Flacco’s $20.6 million per season.

The amount of guaranteed money is unknown at this time, but the figure should exceed the $55 million guarantee inked by Tony Romo in his recent contract extension with the Dallas Cowboys. Given his superstar status and recent success, fans should expect the superficial total of Rodgers contract to surpass the $120.6 million that the Ravens awarded to Joe Flacco following the team’s Super Bowl run.  

Last season, Rodgers made just $8.5 million – just over $3 million less than Charles Woodson – making him one of the NFL’s most grossly underpaid players. That’s about to change.

Rodgers, who signed a six-year, $65 million extension in November of 2008, is set to cash in following the lucrative extensions handed down to Flacco and Romo.

Much to the chagrin of Cheesehead nation, general manger Ted Thompson has kept his checkbook closed since the start of free agency period on March 12. While the Lions and Vikings have made splashy signings, Packers’ brass has played it close to the vest. That’s likely because the Packers are set to dole out significant extensions to key players.

Aaron Rodgers isn’t the only Packer in line for a pay raise. Linebacker Clay Matthews and defensive lineman B.J. Raji are also expected to sign lucrative long-term deals. The total of the three contracts could exceed a quarter of a billion dollars. Packers’ president Mark Murphy has called Rodgers extension a “priority” and deals for Matthews and Raji are likely to follow.

The Packers have plenty of holes to fill before next season, especially on the defensive side of the ball, but inking Aaron Rodgers to a long-term deal is essential to ensure the long-term stability of the franchise.