Adam Schefter Reveals Full Details of Jordan Love’s Restructured Contract Through 2030

According to Adam Schefter, the Green Bay Packers and quarterback Jordan Love have finalized a contract restructure designed to ease near-term salary cap pressure while reinforcing the franchise’s long-term commitment to its quarterback.

The restructure effectively extends the accounting structure of Love’s contract on paper through the 2030 season, even though his competitive agreement with the Packers remains anchored to the massive four-year extension he signed in July 2024.

Love originally agreed to a four-year, $220 million extension running from 2024 through 2028, a deal that instantly made him one of the highest-paid quarterbacks in NFL history and cemented him as Green Bay’s unquestioned franchise centerpiece.

Rather than replacing that contract, the Packers elected to restructure it, adjusting how Love’s compensation is distributed and accounted for against the salary cap in upcoming seasons.

Under the revised structure, a significant portion of Love’s 2026 base salary has been converted into a signing bonus, a common cap-management tool used by teams with elite quarterbacks to generate immediate flexibility.

That signing bonus is prorated across the remaining contract years, with additional void seasons added strictly for salary cap accounting purposes, allowing Green Bay to smooth out Love’s cap charges over time.

Those void years extend the contract on paper beyond its original end date, pushing the accounting horizon into 2029 and 2030, while Love remains under no additional competitive obligation beyond the terms of his 2028 deal.

Before the restructure, Love’s projected 2026 cap hit ranged between approximately $36 million and $51 million depending on accounting triggers, a figure that significantly limited Green Bay’s ability to maneuver in free agency.

Following the adjustment, the Packers are expected to create between $7 million and $8 million in cap relief, giving the front office meaningful breathing room as it continues to build around its quarterback.

A similar approach applies to subsequent seasons, with Love’s base salaries largely intact while bonus proration reduces year-to-year volatility in his cap impact.

Schefter reports that the Packers added multiple void years beyond 2028 strictly to spread out the cap charge, a move increasingly common among teams with long-term quarterback stability.

If Love remains on the roster through the natural end of his contract, those void years would eventually trigger, accelerating remaining prorated money into future cap cycles without affecting roster control.

From a guarantees standpoint, the restructure does not materially change Love’s original extension, which already contained substantial guaranteed money reflective of his status as a franchise quarterback.

Importantly, Green Bay retains full long-term control, as general manager Brian Gutekunst has consistently signaled that Love is central to the organization’s vision and not a candidate for cost-cutting measures.

Multiple outlets, including Acme Packing Company, Yahoo Sports, and independent cap analysts, have noted that restructuring Love was always the most logical path forward — creating space without compromising stability.

In practical terms, Love’s contract now extends further only on paper, while the Packers preserve flexibility to compete now and plan responsibly for the future.

For Green Bay, the restructure represents a clear alignment between cap strategy and identity: Jordan Love is the quarterback of today, tomorrow, and the foreseeable future, with the numbers simply adjusted to support that reality.