The terms of Aaron Rodgers' new deal are finalized.
According to those with knowledge of the matter, Rodgers' new agreement is official and signed,
as reported by NFL Network's Ian Rapoport and Tom Pelissero on Tuesday. Later, the signing was formally announced by the team.
Following the announcement of a new four-year contract extension last week,
which will make the two-time MVP the highest-paid player in the NFL annually, Rodgers made the decision to return to Green Bay.
Following a week of back and forth with the Packers on the precise arrangement, Rodgers' salary during the first three years of the contract will average $50 million annually.
According to Rapoport, the agreement has two back-end placeholders for cap reasons, which might be changed later.
Packers general manager Brian Gutekunst stated in a statement, "We are very pleased to be able to come to an agreement with Aaron that keeps him in Green Bay."
"His leadership in our locker room and his play on the field are still essential to our hopes of winning another Super Bowl. We believe that our roster is already quite competitive, and the deal allows us to keep and improve on it."