Yeah thanks OS. I had posted a new comment pretty much saying what you're saying. I thought if he kept playing on his current contract he would "only" get $20 mil this year. But yeah, the current deal is extended, he's given a huge signing bonus and a pile of guaranteed money - and I think Ty pointed this out - the Packers can move some of the new money into this year to help spread the cap hit beyond $20 mil.Some of what you said is partly true. But the bold part isn’t. That’s not an extension.
Contract extensions simply allow a team to spend money differently. Everything owed is still owed, nothing is wiped clean. I suspect though that we will start things out by converting monies for Jordan into a sizable signing bonus.
So I think I get it. If I remember, this is what they did with Rodgers after his most recent MVP years. He had one year left and they extended it to 3 years for $150 mil total.
Pretty sad when $50 mil is starting to sound like a bargain. And Jefferson just shifted the new benchmark for elite WRs to $35 mil/year. FWIW I don't mind paying a great QB big money, but a WR? I think the Packers came out in great shape with all of the young WRs on rookie deals. That will end but for now, it gives them the ability to take care of Love, and this year, to add some solid FAs like McKinney and Jacobs.