Prior to the 2023 NFL season, Green Bay Packers quarterback Jordan Love made just one start and attempted 83 passes.
However, after a terrific 2024 season that saw him throw for 4,159 yards, 32 touchdowns, and just 11 interceptions while leading Green Bay to an upset playoff win over the Dallas Cowboys, the Packers backed up the Brink’s trunk despite the small sample size. Let’s examine Love’s lucrative contract, 2024 salary, net worth, career earnings, and more.
Jordan Love’s Contract and Salary
The Packers saw enough from Love during his one season as the starter to give him a monster payday.
In July 2024, Love signed a four-year, $220 million contract extension with the Packers. The deal features an NFL-record $75 million signing bonus due by December (via three separate $25 million payments) and $155 million in total guarantees.
The average annual value of Love’s new pact is $55 million, which was tied for the largest salary in NFL history with Cincinnati Bengals quarterback Joe Burrow and Jacksonville Jaguars quarterback Trevor Lawrence at the time of signing. However, Dallas Cowboys quarterback Dak Prescott surpassed Love, Burrow, and Lawrence by signing a four-year, $240 million deal with an average annual value of $60 million.
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Love could have inked a five-year extension with the Packers just like Burrow and Lawrence did with their respective teams, but he opted for a four-year deal so that he could hit free agency again sooner. Given the state of the quarterback market in today’s NFL, with each new contract seemingly topping the last, this seems like a wise decision.
This season, Love has a base salary of $3,500,000 and a signing proration of $16,757,731, so his cap hit is $20,757,731. Next year, his base salary is $11,900,000 and his signing proration is $16,757,731, meaning he’ll have a $29,757,731 cap hit in 2025. Here’s a breakdown of his cap hits for the remainder of this contract:
- 2024: $20,757,731
- 2025: $29,757,731
- 2026: $36,157,731
- 2027: $42,457,731
- 2028: $74,200,000
Love’s Net Worth and Career Earnings
Love’s net worth is currently estimated to be $50 million.
For reference, his net worth was said to be $12.5 million a few months ago, just to give you an idea of how quickly and drastically his net worth increased after inking his lucrative extension with the Packers.
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Throughout the course of his professional career, Love has earned $98,883,455 from his NFL contracts alone. This figure doesn’t include the money he’s brought in from endorsement deals or off-field ventures.
Love has endorsements with several companies, including BOSE, Old Spice, Nike, Madden NFL, Herbalife, Lowes, and Verizon.
He is also the brand ambassador for American Family Insurance alongside Derek Jeter, Christian Yelich, the Scott Brothers, and Kathy Ireland, among others.
Love’s ascent to NFL stardom has been fun to witness, and it’s safe to say he’s thriving financially, too.