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Aaron Jones and the Packers are going to run it back.

The star running back has agreed to a four-year, $48 million deal with Green Bay. The pact includes a $13 million signing bonus, as Jones' agent, Drew Rosenhaus, has informed multiple media outlets.

Jones broke the news himself on his official Twitter accounting, where he told his followers he would indeed "run it back."

He also said, "I'm just glad I could keep playing where i started my career" on Instagram Live.

Jones could have tested the market after the Packers elected not to franchise tag the fourth-year back. Rosenhaus said his client "anticipated bigger offers in free agency but Aaron wanted to stay with the Packers."

From a fantasy perspective, it's hard to argue this isn't the best-possible outcome for Jones.

Money aside, his role in Green Bay -- especially under head coach Matt LaFleur -- has made Jones a high-end producer.

A fifth-round pick by the Packers out of UTEP in 2017, Jones ranked fourth in the NFL last season with 1,104 rushing yards despite missing two games with a calf injury. He made his first Pro Bowl -- becoming the lowest-drafted Packers running back since Dorsey Levens (also a fifth-round pick) in 1997 to do so.

It was Jones' second straight 1,000-yard rushing season. He rushed for 1,084 yards and led the NFL with 19 touchdowns in 2019. Including the playoffs that season, he scored 23 times, the most for a season in team history.

Jones, 26, is one of only two players in NFL history to post 3,000-plus yards rushing (3,364) and 35-plus rushing touchdowns (37), with an average of 5-plus yards per carry (5.2) in their first four seasons. Jim Brown is the other.

For those invested in other components of the offense, specifically A.J. Dillon, this is obviously less than ideal.

The Packers drafted Dillon in the second round last year as insurance against losing Jones and/or Jamaal Williams, who also was entering the final year of his contract.

Jones' ongoing presence will almost certainly continue to limit Dillon's role and keep his ceiling low even if Williams moves on. So the question that Dynasty managers with Dillon on their rosters will be asking, is "how long?"

We could learn more about that as details of the contract emerge.

As Profootballtalk.com's Mike Florio suggested, while $13 million in the form of a signing bonus is solid, the full structure will reveal plenty. Most likely, Florio added, it's a two-year deal with an annual team-held option for the balance.

Of course, that's what it is for most if not all running back deals.

Some, like the deal paid by the Cowboys to running back Ezekiel Elliott contract in 2019, have rolling guarantees that make it hard to pull the plug after two years.

As annual average goes, Jones is tied with Bengals running back Joe Mixon for sixth place, behind Panthers running back Christian McCaffrey ($16 million), Elliott ($15 million), Saints running back Alvin Kamara ($15 million), Vikings running back Dalvin Cook ($12.6 million) and Titans running back Derrick Henry ($12.5 million).

Florio added, "Like always, the devil resides in the details of these deals. For example, Kamara's contract has a fat back end that gets the average to $15 million annually. Whether and to what extent the Jones contract has any such devices remains to be seen."

We'll follow up as needed.