Packers trying to finalize restructured contract with Aaron Rodgers

According to NFL Network's Michael Silver, the Green Bay Packers are trying to finalize a restructured contract with quarterback Aaron Rodgers.

Rodgers' future in Green Bay has been in question since the Packers selected Jordan Love with the 26th overall pick in the 2020 NFL Draft. While Love spent his rookie season as the third quarterback, Rodgers exploded for 48 touchdowns en route to winning the NFL's Most Valuable Player award.

While it makes sense the Packers would want to lower Rodgers' $37.5 million cap hit for next season, the timing of the news is strange.

By moving part of Rodgers' salary into the final years of his contract (which expires in 2023), the Packers can create cap room and load up for one last run toward a Super Bowl.

The issue is that free agency started last week. Although the Packers re-signed Aaron Jones, they didn't make a major signing to improve a roster that has gone to the NFC Championship Game for each of the past two seasons.

If the Packers are serious about making a run with Rodgers, they could make signings after an agreement is reached, but it remains to be seen how many quality free agents will still be available by then.