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Report: Aaron Rodgers, Packers close to historic, long-term contract extension

Aaron Rodgers and the Packers could be close to a monster contract extension. (Jonathan Daniel/Getty Images) Aaron Rodgers and the Packers could be close to a monster contract extension. (Jonathan Daniel/Getty Images)

Aaron Rodgers and the Green Bay Packers are closing in on a long-term extension that would make the 2005 first-round pick the highest-paid player in NFL history, ESPN.com's Adam Schefter reported Thursday. Schefter reported that the deal, which has a good chance of being completed this offseason, could average $25 million per season.

That number would surpass Baltimore Ravens quarterback Joe Flacco, who signed a six-year, $120.6 million contract earlier this offseason that made him the highest-paid NFL player.

Midway through his first season as the Packers' starting quarterback in 2008, Rodgers signed a contract extension that paid him $65 million over seven seasons. Rodgers has two years and $19.75 million remaining on that deal, including base salaries of $9.25 million in 2013 and $10.5 million in 2014.

Since becoming the Packers' full-time starter in 2008 after three seasons backing up Brett Favre, the 29-year-old Rodgers has blossomed into one of the NFL's top quarterbacks. Under Rodgers' lead, the Packers won Super Bowl XLV in 2011.

Last season, Rodgers placed in the top five of NFL quarterbacks in almost every important statistical category. He completed 67.2 percent of his passes for 4,295 yards while putting up a 108.0 quarterback rating. He threw 39 touchdowns to only eight interceptions.

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