"We are really pleased to come to an agreement with Aaron that keeps him in Green Bay," Packers general manager Brian Gutekunst said.
"His play on the field and locker room leadership are crucial to winning another Super Bowl. The arrangement lets us keep and improve our competitive roster."
In 2022, Rodgers had a base salary of $26.47 million and a salary-cap figure of $46.664 million. The new deal raises his income this season and lowers the cap figure.