The New York Jets are reportedly set to create significant salary-cap space after agreeing to acquire future Hall of Fame quarterback Aaron Rodgers from the Green Bay Packers on Monday.
According to NFL Network's Ian Rapoport, the Packers will pick up Rodgers' guaranteed option bonus of $58.3 million, converting it into a signing bonus, creating $43.7 million in cap space and making his 2023 cap hit just $15.7 million.
Rapoport added that Rodgers plans to take his physical Wednesday, which would allow the trade to become official before the first round of the 2023 NFL draft on Thursday.