Aaron Rodgers is close to signing a new contract with the Green Bay Packers. And while we know he's going to sign a big contract, one has to wonder how much will he actually get? Spotrac made its projection on Rodgers' contract extension and it's a little surprising. He will not be the highest-paid player in the NFL but he will likely get $100 million of guaranteed money in his first four years of the contract. Rodgers could also be making as much as $38 million in the final year of his deal. Here's a look at the projected contract by Spotrac.

Total value: Five years, $140 million

Signing bonus: $45 million

Average salary: $28 million

Guaranteed at signing: $105 million

Year-by-year breakdown

2018: $9 million base salary, $9 million signing bonus, $437,500 roster bonus, $500,000 workout bonus, $18,937,500 cap hit

2019: $15 million base salary, $9 million signing bonus, $1 million roster bonus, $500,000 workout bonus, $25.5 million cap hit

2020: $18 million base salary, $9 million signing bonus, $1 million roster bonus, $500,000 workout bonus, $28.5 million cap hit

2021: $18 million base salary, $9 million signing bonus, $1 million roster bonus, $500,000 workout bonus, $25.5 million cap hit

2022: $27.5 million base salary, $9 million signing bonus, $1 million roster bonus, $500,000 workout bonus, $38 million cap hit

The guaranteed money would come from the prorated signing bonus as well as the base salaries from 2018, 2019, 2020 and 2021. Rodgers would be the first player in NFL history to earn $105 million guaranteed. However, he would not be the first $100 million man as Atlanta Falcons QB Matt Ryan recently signed a five-year deal worth $150 million with $100 million guaranteed.

The last time Rodgers signed a contract extension was back in 2013 when he inked a five-year deal worth $110 million. That made Rodgers the highest-paid player in NFL history, but since then the players ranked ahead of Rodgers have signed extensions with the Ryan being the most recent.

During the league meetings in March, Packers president and CEO Mark Murphy said he expected Rodgers to sign before the end of the offseason which could mean he will be the highest-paid player in the NFL once again.

“Yes, I think so, yes," Murphy said. "Obviously, there's a lot going on with free agency, and now the league meetings; so I don't think there have been a lot of discussions recently. But I'm confident we'll work something out. I think you’ve seen in recent years and increase in the amount of guaranteed money in contracts. I think this is the first probably that I’m aware of that is guaranteed to that percentage."

It's only a matter of time for Rodgers to sign his new deal. It has been reported by Ian Rapoport of the NFL Network that Rodgers will sign the contract either in June or July. The absolute latest Rodgers and the Packers get the deal done is right before the start of training camp which begins on July 26. Once Rodgers' deal is done, the Packers should have enough salary cap space to sign one more free-agent before the start of the regular season.