ESPN report: Packers offer Aaron Rodgers contract that would 'alter' the market for quarterbacks

GREEN BAY, Wis. (CBS 58) - While the football world waits for a decision on Aaron Rodgers future, the Packers are reportedly doing their part to retain their star quarterback.

An ESPN report says the Packers have made Rodgers a contract offer that would "alter" the market for quarterbacks. Rodgers has one year remaining on his current deal.

The Packers are hoping to retain the two-time defending MVP and still get under the salary cap for next season. Currently the team is $27 million over the 2022 salary cap, with Rodgers current deal costing the team $46 million against the cap. A longer team deal can make Rodgers the NFL's highest paid player while deferring enough money to help the Packers get under the cap for 2022.

Tuesday, March 8th is the final day NFL teams can place a "franchise tag" on a player. The Packers have reportedly thought about applying the franchise tag to Davante Adams, locking him in for 2022 and helping to persuade Rodgers to return. Rodgers has hinted that he would make a decision by the franchise tag deadline.