Adam Schefter update could explain why Packers haven't signed Jordan Love

The wait for Jordan Love's new deal with the Green Bay Packers continues.

Five weeks remain before the Packers return for training camp, which is when general manager Brian Gutekunst said he wants a new contract to be agreed upon. There's plenty of time to finalize terms, but it's somewhat surprising it has dragged on for this long.

The Packers had to wait until May to officially extend Love's contract, but they had months to negotiate terms before that.

New deals for Jared Goff and Trevor Lawrence have increased the quarterback market, with the Packers paying the price for not getting an extension done sooner. And with Dak Prescott and Tua Tagovailoa expected to land new contracts soon, Gutekunst may want to get Love's deal finished sooner rather than later.

So, what is causing the holdup? ESPN's Adam Schefter provided some insight.

Adam Schefter believes Jordan Love will become league's highest-paid quarterback

Trevor Lawrence's new deal averages $55 million annually and is worth a total of $275 million, tying Joe Burrow for the league's highest quarterback contract. Schefter believes Love wants a similar deal.

It puts the Packers in a challenging position. Love showed superstar potential in the final eight games and the playoff win over the Dallas Cowboys, but is half a season of MVP-level play enough to become the NFL's top-paid player? It's the position the Packers find themselves in.

And Gutekunst doesn't have much choice. Love only has one year remaining on his current contract, and while it is best for him to get a new deal done now, there would be no shortage of interested teams if he hit free agency. The Packers would have to use the franchise tag to avoid losing him, creating a difficult situation like the Dallas Cowboys find themselves in with Prescott.

Forget about Love earning $50 million annually or less. If a deal gets done soon, he will likely match Lawrence's $55 million salary, at the very least.

Love could soon become the highest-paid quarterback in football.

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