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Sources: Love agrees to 4-year, $220 million deal with Packers - ESPN

GREEN BAY, Wis. — By late last season, the Green Bay Packers' major decision-makers had publicly stated that they believed they had their long-term starting quarterback.

Now, they've put their money behind him.

The Packers on Friday agreed to terms with Jordan Love on a four-year, $220 million contract, sources told ESPN's Adam Schefter. The $55 million average per year matches the Jacksonville Jaguars' Trevor Lawrence and the Cincinnati Bengals' Joe Burrow ($55 million) for highest in league history.

The deal, negotiated by David Mulugheta and Andrew Kessler of Athletes First, also includes a record $75 million signing bonus and $155 million in new full guarantees.

Love, 25, is now contractually tied to Green Bay through the 2028 season and is scheduled to become a free agent again at age 30.

While Love reported for training camp with the rest of the team this week, he staged a hold-in — not practicing until the contract was done. He did attend practice and participated in everything the team did off the field, including meetings and film sessions.

Love could see the field as soon as Saturday, when the team goes in pads for the first time.

The earliest possible date the Packers could have signed him was May 3 — one year after his previous extension. NFL rules say an extension cannot be extended within the first 12 months. His previous deal added one year, the 2024 season, to his rookie contract. It was in lieu of the team picking up the fifth-year option on that deal. At the time, they gave Love a $8,788,655 signing bonus. His base salary for last season was $1.01 million. It also included escalators that would have added $5 million to a $5.5 million base salary for 2024 had the two sides not agreed to this new deal.

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