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SANTA CLARA, CALIFORNIA - JANUARY 20: Jordan Love #10 of the Green Bay Packers warms up before the NFC Divisional Playoffs against the San Francisco 49ers at Levi's Stadium on January 20, 2024 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
SANTA CLARA, CALIFORNIA - JANUARY 20: Jordan Love #10 of the Green Bay Packers warms up before the NFC Divisional Playoffs against the San Francisco 49ers at Levi's Stadium on January 20, 2024 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)Thearon W. Henderson/Getty Images

Jordan Love Rumors: Packers 'Willing to Discuss a New, Fair-Market' Contract with QB

Adam WellsFeb 11, 2024

After a star-making performance in his first season as a starting quarterback, Jordan Love could cash in with a new deal from the Green Bay Packers this offseason.

Per NFL Network's Ian Rapoport, Tom Pelissero and Mike Garafolo, the Packers are expected to be willing to speak with Love and his representatives about a "new, fair-market deal" to pay him like a "true starter."

Given the uncertainty around Love because he only made one start in his first three seasons, the Packers hedged their bets last offseason when they had to make a decision about the fifth-year option on his rookie contract.

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Rather than pick that up, which would have guaranteed Love $20.2 million in 2024, the Packers got him to sign a one-year extension with $13.5 million fully guaranteed and worth up to $22.5 million total.

Love hit a number of escalators in his contract this season, including a total of $2 million because the Packers made the playoffs and won a playoff game.

The language in the report about paying Love like a "true starter" is interesting because there are degrees to player salaries.

Joe Burrow is at the top of the quarterback market right now with a $55 million average salary. Justin Herbert, Lamar Jackson and Jalen Hurts are the only other quarterbacks making at least $50 million per season right now.

Since Love only has one season of starting experience, do the Packers try to hedge their bets one more time by seeing if they can get him to sign for closer to $50 million per season instead of pushing him about Burrow's deal?

It's not a coincidence the four highest-paid quarterbacks right now are the last four players to sign a new deal. That's how the market, especially at that position, works.

Even though he only has one year of starting experience, Love certainly looks like he is going to belong in the top tier of quarterbacks going forward. He finished second in the NFL in touchdown passes (32), seventh in passing yards (4,159) and ninth in QBR (62.1).

The Packers beat the Dallas Cowboys 48-32 in the NFC Wild Card game. Love went 16-of-21 for 272 yards and three touchdowns in the win.

Green Bay's season came to an end with a 24-21 loss to the San Francisco 49ers in the NFC Divisional Round.

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