The Green Bay Packers confirmed the signing of NFL MVP Aaron Rodgers to a contract extension on Tuesday.
Prior to reports of a breakthrough in talks last week, the quarterback's future had been the subject of much speculation.
The four-time MVP – who has won the award in each of the past two seasons – was non-committal on whether he would return to Green Bay for the 2022 season.
Rodgers had entered the 2021 campaign in the wake of a stand-off with the Packers after his desire to leave was reported on the opening night of last year's draft.
A move elsewhere and retirement both seemed to be options on the table for Rodgers, who led the Packers to a NFL-best 13-4 record last season.
But relations between Rodgers and the Packers at the end of the season appeared more amiable than they were back in April of 2021 – and the 38-year-old soon confirmed he would be staying following the reported agreement.
Rodgers disputed the supposed $200million value of his new deal, but full details of the agreement were reported on Tuesday before the Packers announced his signing.
According to widespread reports, Rodgers agreed to a four-year extension to his deal, which has a year to run, although the final two seasons are placeholders for cap purposes that can be redone.
It means the $150m agreement is worth $50m per year to Rodgers over the next three seasons, the highest salary in the NFL on a per-year basis.
Announcing the contract but not its terms, Packers general manager Brian Gutekunst said: "We are very pleased to be able to come to an agreement with Aaron that keeps him in Green Bay.
"His play on the field and leadership in our locker room remain vital in our pursuit of another Super Bowl title.
"The agreement also allows us to maintain and enhance what we feel is already a very competitive roster."