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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.