Aaron Rodgers should be signing a contract extension with the Green Bay Packers in the near future. With Atlanta Falcons quarterback Matt Ryan recently signing a contract extension for five years and worth $200 million, Rodgers knows his market value which means contract talks should be heating up very soon if they haven't already. But will Rodgers really have the biggest contract in NFL history?

Former sports agent Joel Corry who contributes for CBS Sports analyzed Rodgers current contract as well as projected his next contract. Corry believes Rodgers won't get $100 million guaranteed like Ryan, but he will be the first NFL player to get a contract worth $200 million. Here's an overall look at Rodgers' projected contract.

Signing bonus: $52.5 million ($30 million with 10 days of execution; $22.5 million paid concurrently with 2018 base salary during the regular season)

Guaranteed money: $87 million

Fully guaranteed at signing: $69.75 million

New money total: $160 million ($202 million over seven years)

Contract length: Five-year extension

Average per year: $32 million

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And here's a year-by-year breakdown of the contract

2018: Base salary: $9.4 million, Roster bonus: $600,000, Workout bonus: $500,000, Signing bonus proration: $10.5 million, Salary cap: $21 million, Cash flow: $63 million

2019: Base salary: $1.15 million, Roster bonus: $600,000, Workout bonus: $500,000, Signing bonus proration: $10.5 million, Salary cap: $30million, Cash flow: $82.5 million

2020: Base salary: $1.25 million, Roster bonus: $1 million, Workout bonus: $500,000, Signing bonus proration: $10.5 million, Salary cap: $30.5 million, Cash flow: $102.5 million

2021: Base salary: $19 million, Roster bonus: $1 million, Workout bonus: $500,000, Signing bonus proration: $10.5 million, Salary cap: $31 million, Cash flow: $123 million

2022: Base salary: $19.5 million, Roster bonus: $1 million, Workout bonus: $500,000, Signing bonus proration: $10.5 million, Salary cap: $31.5 million, Cash flow: $144million

2023: Base salary: $25.5 million, Roster bonus: $1 million, Workout bonus: $500,000, Salary cap: $27 million, Cash flow: $171 million

2024: Base salary: $29.5 million, Roster bonus: $1 million, Workout bonus: $500,000, Salary cap: $31 million, Cash flow: $202million

Rodgers will also get first-day roster bonuses of $17.25 million in 2019 and 2020. In order to make up for not getting $100 million guaranteed, Corry believes Rodgers will get a $52.5 million signing bonus which would be an NFL record as well as the three-year cash flow of $102.5 and the average of $34 million per year in the first three seasons. So while Rodgers won't break the guaranteed money record, he will be very happy once he signs his new deal.