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Packers' Updated Salary Cap After Jordan Love's Rumored $220M Contract Extension

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Jordan Love is staying with the Green Bay Packers for the foreseeable future.

The 25-year-old signed a massive four-year extension worth $220 million on Friday night, according to NFL Network's Ian Rapoport.

Rapoport noted that Love set a new NFL record by receiving a $75 million signing bonus as part of the deal, which will all be paid by December. ESPN's Adam Schefter revealed that his extension includes $155 million in full guarantees.

Prior to the announcement, the Packers had just over $30.3 million in cap space (via Over the Cap).