1. Packers must decide whether to pick up Jordan Love's fifth-year option
One of the Packers' offseason decisions awaits in the coming days. They must decide by May 1 whether to pick up Jordan Love's fifth-year option.
Their decision could show how much confidence they have in Love entering his first season as a starter.
If they pick up the option, it's a commitment on two levels. One is financial. Over The Cap projects that Jordan Love's salary on the fifth-year option would be $20.27 million. And that's a fully guaranteed contract.
The other commitment is that it would ensure Love is under contract for two more seasons, not one.
If Green Bay declines the option, Love will become a free agent following this season. By picking up the option, Love will remain under contract through the 2024 season.
The risk? If Love struggles in 2023, the Packers would have to pay over $20 million fully guaranteed next year. If the Packers believe Love is their long-term starting quarterback, it's a move they should make.
But the risk works two ways. If the Packers don't pick up the option, then Love has a great season, they would likely need to use the franchise tag to prevent him from hitting free agency.
By the end of the week, Green Bay could have drafted a new quarterback and will have made a decision on Jordan Love's fifth-year option.