And the 40 million that Rodgers will get even if he retires. One position and it could eat 60 to 70 million of your cap. That will not leave much for the rest of the team.
^That is most likely incorrect, or not how this will play out.
Retirement:
If he elects to retire, it’s been reported that it will take place under a restructured deal that allows him to receive ~16 million in 2023 and the rest later. At the start of the new league year once his retirement is processed, his base salary would come off the books freeing up another ~1.5 million. This move alone would get the Packers under the salary cap with room to spare for the upcoming season…before some anticipated cuts and restructuring.
Rodgers has all the control, but if the Packers play nice (as they have so far), there’s clear upside for both parties.
Trade:
As far as a trade goes Rodgers does NOT have a no-trade clause, but the Packers won’t trade him anywhere he doesn’t want to go as then he can simply retire and leave them with the cap hit and not agree to restructure as a part of his retirement. They also are not going to trade him in the NFC. This basically leaves the Raiders, Jets, and Titans (in that order) of likely destinations. The Packers would probably be lucky to get a 2nd or 3rd round pick for Rodgers + be looking at paying a portion of his cap hit for the season.
Remain With Packers:
This is the most lucrative option for Rodgers personally with the fully guaranteed money. However, it’s highly unlikely that he would be playing with his preferred teammates (Crosby, Mercedes Lewis, Cobb, maybe Bakhtiari). He has also went on the record stating finances of the situation will have minimal impact as he’s made over 300 million in his career without beginning to factor in any endorsements. This option also would create the same offseason story in the Spring of 2024 with Rodgers again having all the leverage and more dead money considerations coming. The wildcard is that Rodgers stays in Green Bay AND agrees to some sort of restructuring of his contract. He’s not taking a discount where he walks away from 10s of millions of dollars, but he may reconsider cap flexibility this season for hand chosen roster additons.