Aaron Rodgers is getting a $1.5 billion deal from ESPN and the NFL to be the NFL’s new head of football operations.
The move is expected to be announced Tuesday.
But the deal was not immediately disclosed, and the league did not immediately respond to a request for comment.
Rodgers will be the highest-paid head of a sports network.
ESPN will pay him $2.3 million per year, plus bonuses and stock, according to a person familiar with the matter.
NBC paid $1 million per month, plus a $25,000 signing bonus.
The total was announced on Twitter by ESPN’s vice president of talent.
ESPN and the National Football League declined to comment.
The deal, which also includes the team, the team’s owner and its other partners, is expected soon to be formally announced.
Rodgers had said last month that the $1,775 million he was seeking was a “minimum” figure.
The announcement comes as ESPN is trying to get the NFL into a bidding war for the rights to the National Basketball Association and Major League Baseball, sources familiar with ESPN’s plans told ESPN NFL Insider Adam Schefter.
ESPN had previously told The Associated Press that it wanted to buy the rights for $1 per year.
That was before the news that ESPN’s parent company, Disney, was buying the NBA for $4 billion, a deal that would make it the second-largest payer in sports after the NFL.
The news came after ESPN announced a major $1-billion pay cut that included the firing of Tom Brady.
It is not clear whether the ESPN deal will include the other teams in the league.
Sources familiar with this deal say that ESPN will have to pay the league a “per-game” fee for the use of its content on NFL Network and ESPN.com.
ESPN and ESPN Deportes are to be paid the same amount, according a person who was briefed on the negotiations.
ESPN is expected in the negotiations to provide its content to the NFL Network.
CBS is the network in which ESPN is likely to compete for the NFL, and it has the rights in a bid to acquire the rights of the NFL all-time great, Jim Brown, who is also a CBS executive.
CBS, which owns the NFL and other networks, also owns the All-Star Game, which is played every season.
ESPN has already had a relationship with the game for years.