No, Chongo, what Schefter is reporting is that Rodgers remains under contract in 2021 and 2022, and that the current final year of his contract (2023) is voided.
Meaning
1) Packers have ability to trade Rodgers following this season if they are so inclined;
2) Both sides can work through 2021 and see whatever “new” relationship plus team/player success or failure warrants his staying on through 2022.