The reigning NFL MVP quarterback would have to repay his signing bonus if he walks away entirely and owe $11.5 million in both 2021 and 2022.
The Packers and Rodgers have been at odds throughout the offseason. The passer reportedly told individuals in the organization that he doesn't want to return due to issues with his contract and members of the front office.
Rodgers and Green Bay's brass reportedly met several times over the last month regarding his contract, but a resolution wasn't decided. The team apparently wanted him to restructure his deal, but the signal-caller wanted an extension.
Following the NFL draft's first round, Packers general manager Brian Gutekunst said he ruled out trading Rodgers but admitted to engaging in a "very brief" trade call.
The 37-year-old passer was named NFL MVP last season after tossing 48 touchdowns to five interceptions. He also spent part of this offseason as a guest host for "Jeopardy!"