Photo:Getty ImagesAaron Rodgersis down with a pay cut.The new New York Jets quarterback, 39, agreed to a two-year, $75 million guaranteed contract with the team, which runs through the 2024 season,NFL NetworkandESPNreported on Wednesday.But it’s $35 million less than he would’ve made if he had stayed with the Green Bay Packers and finished out his 4-year deal, which had $110 million remaining in the contract, the outlet reports.On Wednesday, Rodgers spoke out about why he agreed to the restructured contract.“The team gave up significant pieces for it to be just a one-year deal,” he said. “I’m aware of that. Anything could happen with my body or the success we have this year, but I’m having a blast, so I really don’t see this as a one-year-and-done thing.“Within the week, Rodgers will receive a $35 million roster bonus, plus $1.8 million in salary. Next year, his salary is $38.2 million.Nina Westervelt/CBS via Getty ImagesTechnically, the QB’s new contract is a five-year deal through 2027, with two option years to “minimize the cap impact of the $35 million roster bonus,” per NFL Network.From Rodgers’ perspective, it’s all about moving forward.“We’ve all turned the page. It’s a new chapter,” he said. “I think it’s going to be exciting for Green Bay, moving on. It’s definitely been really fun for me out here.“Rodgerswas tradedto the team in late April after playing 14 seasons with the Packers.Despite the pay cut, the playmaker did receive another unexpected gift last week.Never miss a story — sign up forto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.PEOPLE’s free daily newsletterTeammateSauce Gardnersurprised his new quarterback with a diamond and emerald encrusted “8” pendant — Rodgers’ jersey number.
Photo:Getty Images

Getty Images
Aaron Rodgersis down with a pay cut.The new New York Jets quarterback, 39, agreed to a two-year, $75 million guaranteed contract with the team, which runs through the 2024 season,NFL NetworkandESPNreported on Wednesday.But it’s $35 million less than he would’ve made if he had stayed with the Green Bay Packers and finished out his 4-year deal, which had $110 million remaining in the contract, the outlet reports.On Wednesday, Rodgers spoke out about why he agreed to the restructured contract.“The team gave up significant pieces for it to be just a one-year deal,” he said. “I’m aware of that. Anything could happen with my body or the success we have this year, but I’m having a blast, so I really don’t see this as a one-year-and-done thing.“Within the week, Rodgers will receive a $35 million roster bonus, plus $1.8 million in salary. Next year, his salary is $38.2 million.Nina Westervelt/CBS via Getty ImagesTechnically, the QB’s new contract is a five-year deal through 2027, with two option years to “minimize the cap impact of the $35 million roster bonus,” per NFL Network.From Rodgers’ perspective, it’s all about moving forward.“We’ve all turned the page. It’s a new chapter,” he said. “I think it’s going to be exciting for Green Bay, moving on. It’s definitely been really fun for me out here.“Rodgerswas tradedto the team in late April after playing 14 seasons with the Packers.Despite the pay cut, the playmaker did receive another unexpected gift last week.Never miss a story — sign up forto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.PEOPLE’s free daily newsletterTeammateSauce Gardnersurprised his new quarterback with a diamond and emerald encrusted “8” pendant — Rodgers’ jersey number.
Aaron Rodgersis down with a pay cut.
The new New York Jets quarterback, 39, agreed to a two-year, $75 million guaranteed contract with the team, which runs through the 2024 season,NFL NetworkandESPNreported on Wednesday.
But it’s $35 million less than he would’ve made if he had stayed with the Green Bay Packers and finished out his 4-year deal, which had $110 million remaining in the contract, the outlet reports.
On Wednesday, Rodgers spoke out about why he agreed to the restructured contract.
“The team gave up significant pieces for it to be just a one-year deal,” he said. “I’m aware of that. Anything could happen with my body or the success we have this year, but I’m having a blast, so I really don’t see this as a one-year-and-done thing.”
Within the week, Rodgers will receive a $35 million roster bonus, plus $1.8 million in salary. Next year, his salary is $38.2 million.
Nina Westervelt/CBS via Getty Images

Technically, the QB’s new contract is a five-year deal through 2027, with two option years to “minimize the cap impact of the $35 million roster bonus,” per NFL Network.
From Rodgers’ perspective, it’s all about moving forward.
“We’ve all turned the page. It’s a new chapter,” he said. “I think it’s going to be exciting for Green Bay, moving on. It’s definitely been really fun for me out here.”
Rodgerswas tradedto the team in late April after playing 14 seasons with the Packers.
Despite the pay cut, the playmaker did receive another unexpected gift last week.
Never miss a story — sign up forto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.PEOPLE’s free daily newsletter
TeammateSauce Gardnersurprised his new quarterback with a diamond and emerald encrusted “8” pendant — Rodgers’ jersey number.
source: people.com