With QB Aaron Rodgers reportedly agreeing to a four-year, $200 million contract extension with Green Bay, sportsbooks across the industry reacted swiftly in lowering the futures odds on the Packers winning Super Bowl 57.
After opening with Green Bay +1600 on Feb. 2, SuperBook USA dropped the Packers from +1200 to +800 as news of Rodgers’ new deal broke Tuesday. Those 8-to-1 odds put Green Bay in a three-way tie as the second betting favorite ahead of next season. The Chiefs and Rams share the same price, while the Bills are the +700 top choice.
Circa Sports adjusted its Super Bowl futures from Packers +1150 to +700 on Tuesday morning.
On Feb. 23, DraftKings had +1400 odds on the Packers. Green Bay’s futures odds have shortened to +900 at that sportsbook. FanDuel was dealing the Packers at +1500 a month ago. Those odds are now at +1000. MGM Resorts Director of Trading Jeff Stoneback said the news on Rodgers dropped the Packers from +1200 to +1000 at his book today.
Around The NFL Futures Market
The Steelers, Broncos, and Titans were reportedly among the teams trying to lure Rodgers away from Green Bay in recent days. Pittsburgh needs a replacement for the retired Ben Roethlisberger. There are several other NFL teams looking to upgrade at the position, too.
The Bills, under the direction of young star QB Josh Allen, are still the consensus favorite to win Super Bowl 57. DraftKings offers both Buffalo and Kansas City at +700 odds, with the Packers next at +900. FanDuel’s oddsboard has Buffalo +700, K.C. +750, Green Bay +1000, followed by Rams +1200 and 49ers +1300.
Packers Keeping The Band Together
Rodgers, 38, is coming off his second straight season as NFL MVP. When you consider that Tom Brady played at his highest level until the age of 44, Rodgers could have multiple Super Bowl-caliber seasons left in him. Still, to date, Rodgers has only won one Super Bowl. Brady retired after last season with a record seven Super Bowl titles.
The Packers are also planning to bring back Rodgers’ favorite target, Davante Adams, per NFL Network:
From our breaking news coverage: The #Packers want to keep WR Davante Adams and a franchise tag is expected. pic.twitter.com/5pZtoqx6f0
— Ian Rapoport (@RapSheet) March 8, 2022
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