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Source: Aaron Rodgers' contract restructure helps Jets with cap

Related Topics: Aaron Rodgers, New York Jets

FLORHAM PARK, N.J. - Aaron Rodgers did his new team a solid by restructuring his massive contract, allowing the New York Jets to execute the blockbuster trade without having to make significant moves to stay under the salary cap.

Prior to the trade, Rodgers and the Green Bay Packers converted a $58.3 million option bonus, payable in 2023, into a 2024 base salary, a source told ESPN's Dan Graziano. As a result, he's making only $1.165 million this season -- the base-salary minimum. That also represents his cap charge.

Under his previous contract -- the three-year, $150 million extension from last year -- the Jets would've inherited a $15.