Rodgers told people in the Packers organization that he was going to let former Packers receiver James Jones of NFL Network break the story on the contract agreement, and he was true to his word. Jones reported Wednesday that the deal was worth a yearly average of $33.5 million in new money plus incentives.

The Packers officially announced the Rodgers signing Wednesday afternoon. Earlier, Rodgers had provided confirmation via an Instagram post:

It's been an amazing ride the last 13 years; excited to start year 14 knowing that my future is here, in Green Bay, for our 100th season. I've grown up in this place, and grown older and a little wiser along the way. Thank you to our incredible fan base for inspiring us players to be better year after year. Thank you to the Packers organization for standing by me time and time again and giving me the opportunity to lead this football team. And thank you to my teammates along the way, past and present who have impacted my life in so many positive ways, giving me friendships for life. Looking forward to making some more memorable moments this year, and for years to come.... #packers100thseason #packersfamily #packerforlife #midrange