According to ESPN’s Rich Cimini, the New York Jets and Aaron Rodgers “are in the process of renegotiating [Rodgers’] contract.”
Before the Green Bay Packers traded Rodgers to the Jets, he restructured his contract. By lowering his 2023 salary to the minimum, it allowed the Jets financial flexibility on the contracts of other players. Cimini reports that Rodgers did this with the understanding that the restructure was only temporary.
Now, the Jets are making good on their word. Currently, Rodgers would be paid $1.2 million this year and $107.6 million in 2024.