The Packers won't be picking up the 5th year option on Jordan Love.
That's because the team and the quarterback have agreed to a new contract that runs through 2024.
From Pelissero:
The #Packers have agreed to terms with QB Jordan Love on a new contract though 2024, per sources. pic.twitter.com/gde0DZKHXn
— Tom Pelissero (@TomPelissero) May 2, 2023
Love will receive $13.5 million, which is much less than the just over $20 million guaranteed he would have gotten on the 5th year option.