Aaron Rodgers agrees to record four-year, $134 million extension with Packers

Green Bay Packers quarterback Aaron Rodgers (12) celebrates after scoring a touchdown during the fourth quarter against the Detroit Lions at Lambeau Field.

Aaron Rodgers is back on top as the NFL's highest-paid player.

The Green Bay Packers quarterback and two-time MVP agreed Wednesday to a four-year, $134 million extension with a maximum potential value of $180 million, a person with knowledge of the deal told USA TODAY Sports' Mike Jones. The person spoke on condition of anonymity because they were not authorized to disclose details of the deal.

NFL Network's James Jones  was the first to report the agreement.

The deal includes $103 million guaranteed and $67 million before the end of the calendar year.

Atlanta Falcons quarterback Matt Ryan previously set the high for average annual salary with a five-year, $150 million deal reached in March.

More:Packers trade Rodgers' backup at QB to Seahawks

Rodgers, 34, still had two years remaining on the five-year, $110 million contract he signed in 2013, which at the time made him the league's highest-paid player. He was set to earn a base salary of $19.8 million this year and $20 million in 2019.

Rodgers missed nine games last year after suffering a broken collarbone against the Minnesota Vikings. But his 103.8 passer rating is the highest of any player in league history, and he has thrown 313 touchdowns against just 78 interceptions.