Report: Randall Cobb Gets Four-Year, $40 Million Deal from Packers

Cobb reportedly received $17 million guaranteed and accepted less than offers from other NFL teams.

Green Bay Packers wide receiver Randall Cobb—Chris Humphreys, USA TODAY Sports.

Green Bay Packers wide receiver Randall Cobb—Chris Humphreys, USA TODAY Sports.

Just three days short of free agency, wide receiver Randall Cobb has agreed to a contract extension with the Green Bay Packers, first reported by Adam Schefter of ESPN:

Official terms of the deal were not immediately available, although Ian Rapoport of the NFL Network had more to add via social media:

After being reported that Cobb was seeking a deal worth roughly $9 million per season before the NFL Combine and $12 million per year after the Combine, Cobb settled for somewhere in between.

It would appear that Cobb accepted less money than he would made on the open market to remain with a competitive football team, and probably more importantly, quarterback Aaron Rodgers.

At 24 years old, Cobb will reach a third opportunity at free agency at a relatively young 28.

Assuming reports are accurate and Cobb receives $10 million per year, he would become the Packers' highest-paid wide receiver ahead of teammate Jordy Nelson, who agreed to a deal averaging $9.76 million last season.

Now that Cobb's deal is done, the Packers can now focus on the rest of their free agent class numbering more than a dozen players.

The Packers have exclusive signing rights until the start of the new league year on Tuesday Mar. 10 at 3:00 p.m. CT.

Next in line could be offensive lineman Bryan Bulaga, who figures to be one of the top offensive linemen on the free-agent market.

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Comments (60)

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jeremyjjbrown's picture

March 07, 2015 at 10:35 pm

Thank God, now get Bulaga and Williams back.

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MarkinMadison's picture

March 07, 2015 at 10:53 pm

Agreed on the first two, not so sure about the third. My prediction is that Williams signs elsewhere, and by the end of the season, someone will feel they overpaid him. I could be wrong, but it feels like it is time to apply the mantra of, "better a year too early than a year too late." You can't sign everyone, and I think Williams is the one not coming back.

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HankScorpio's picture

March 08, 2015 at 09:02 am

Silverstein is reporting Bulaga wants $7-$8 mil per and that Jax, TB and Washington are sniffing around him. It's unclear if any of those 3 (or someone else) will meet his demands but, according to Silverstein, the Packers will not.

I don't think Bulaga is worth that price. He's had problems staying healthy. He's not elite when he is healthy. I'd probably top out somewhere around $6 mil/yr. If the market is higher for him, they can always go with Barclay. He's not as good as Bulaga but he's acceptable until they find someone better....a search which should commence immediately.

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dullgeek's picture

March 08, 2015 at 09:06 am

You're probably right. But man that O-line was an incredible luxury last year. Especially in pass protection. Can Barclay or Tretter step in and be as good?

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4thand1's picture

March 08, 2015 at 09:24 am

The missed playing time will keep Bulaga's contract down. Didn't think he would finish last year after the start he got.

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HankScorpio's picture

March 08, 2015 at 12:14 pm

He still missed a game last season when he stayed relatively healthy. I would love to bring back the o-line intact but not if it takes what I would consider a bad deal to do it. Hopefully the market is a bit less robust that Bulaga and his agent would like and he comes back.

If not, I think it puts OT squarely in the mix for that #30 pick. They should not reach for one but they shouldn't pass one up that can play, either.

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barutanseijin's picture

March 08, 2015 at 07:48 pm

I agree with your assessment of Bulaga. He's good most of the time, not all of the time, and he gets hurt often.

I disagree about Barclay, though. He's a backup guy who has been bad in pass protection. Barclay allowed Shea McClellan through to break Rodgers' collarbone. I wouldn't want to see him starting.

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Thegreatreynoldo's picture

March 09, 2015 at 12:21 am

I would be surprised if TT is balking at paying Bulaga what I view as market rate. Bulaga is in the top 25% of all tackles and top 5 at RT. He is only 25 years old. Clearly his market is at, or is north of, $7 million per year. One deals with the injury history by limiting the guaranteed money to 30% or less. Bulaga is both our starting RT and our back-up LT. Without Bulaga GB has zilch behind Bakhtiari, and precious little at RT. Barclay is a back-up, not to mention that he too is coming off a season-ending injury, and he has not been tendered by GB. I see no evidence that Tretter can play ROT.

If TT lets Bulaga walk, GB will have to tender Barclay at $1.54 million, which is $500K to $700K more than Barclay is worth. So, just pay the market rate on Bulaga so we don't have to use our 1st rd. pick on a OT and overpay Barclay.

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HankScorpio's picture

March 09, 2015 at 07:36 am

"Clearly his market is at, or is north of, $7 million per year. "

If Silverstein's reporting on Bulaga is correct, that is not quite so clear to the Packers. According to Silverstein, the Packers are 'deadset' against giving him that number.

We'll see how it works out. But I have a feeling a top of the market contract for Bulaga is one the Packers would be looking to get out of in a few years.

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DrealynWilliams's picture

March 09, 2015 at 08:14 am

"So, just pay the market rate on Bulaga so we don't have to use our 1st rd. pick on a OT and overpay Barclay."

What's wrong with an OL in the 1st round though?

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pooch's picture

March 09, 2015 at 09:26 am

Derrek Sheroud

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pooch's picture

March 09, 2015 at 09:26 am

Derrek Sheroud

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DrealynWilliams's picture

March 09, 2015 at 09:30 am

*face palm*

Really?

Every late first round OL is going to be Derrek Sherrod?

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Thegreatreynoldo's picture

March 10, 2015 at 01:21 am

Drealyn, there is nothing wrong with an OT in the first round. I just want that pick to be BPA and not a need, and not a player that needs to start day one. I strongly advocated drafting an ROT last year, perhaps in the 3rd rd., when that draft was just loaded with ROTs, (that is why I issued a rant against the selection of Thornton and Rodgers) and this years draft also is pretty deep for ROTs, and I think if things fall right, TT should consider an OT somewhere along the line. But if he has to start, then I can't see waiting until the 3rd or 4th round (Bakhtiari's don't come around every draft). Some are pointing at Newton's signing for $5.1 million per year, but the market is the market. $8 million per yr. for Bulaga wouldn't faze me, but guarantees in excess of 30% would scare me off.

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DrealynWilliams's picture

March 10, 2015 at 08:07 am

I'm not hoping for a OT in the 1st round, but if things were to play out that way and he's rated too high to pass - then fine. You can not forget priority #1.

Protect Aaron Rodgers.

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ES 1957's picture

March 07, 2015 at 10:59 pm

I was worried about Cobb's agent and the rumors that other teams would offer crazy money, but Thompson always seems to get the job done.

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lou's picture

March 08, 2015 at 12:26 pm

What everyone forgets and needs to be reminded is that the Agent works for the Player. Fortunately their are still some class players that take a broad look at their options and based on their due dilligence select an option for less money. Per most sources Davon House appears to favor a similar scenario.

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ES 1957's picture

March 07, 2015 at 11:01 pm

So much for Jason Lacanforas credibility.

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4thand1's picture

March 07, 2015 at 11:06 pm

Ted the ice man. I starting to think he likes watching fans sweat.

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TKWorldWide's picture

March 08, 2015 at 07:56 pm

Nah. He just goes about his job. I don't think he has an ounce of "show biz" in him.

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Tundraboy's picture

March 07, 2015 at 11:48 pm

Another yeah, Everything is falling into place nicely thus far

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Doug_In_Sandpoint's picture

March 07, 2015 at 11:56 pm

We're getting the band back together. We're on a mission from God.

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@ballark's picture

March 08, 2015 at 05:01 am

Blue Lou-laga!!!!

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slit's picture

March 08, 2015 at 12:31 am

Good move for both sides. Randall chose winning, over the money. Exactly the type of player that belongs in Green & Gold!

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Allan Murphy's picture

March 08, 2015 at 12:39 am

good deal for both .

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Big Moe's picture

March 08, 2015 at 12:42 am

So glad I logged on tonight, I'm going to sleep with a smile now, next Bulaga Go Pack!!!

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Thegreatreynoldo's picture

March 08, 2015 at 01:50 am

I had Cobb at 4 yrs./$37 million with a guarantee of $18.5 million (50%). I can live with Cobb getting $3 mill more in total money and $1.5 million less in guaranteed money. Still seems high for a slot receiver.

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MarkinMadison's picture

March 08, 2015 at 08:06 am

Agree that it feels a little high for a slot receiver but 1) cap just bumped up another $10M 2) there were a lot of dollars chasing a limited number of productive veteran receivers at that point and 3) go back and look at those playoff games and the last game or two of the season - when the offense looked stagnant he gave them a spark. The contract was not quite as rich as I feared.

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NickPerry's picture

March 08, 2015 at 09:56 pm

Hey Reynoldo, this was from another site I visit (Sorry Brian) and thought this was a pretty interesting breakdown of Cobb's season in 2014 and where he ranked with other Wide Receivers. Damn I'm glad he's back!!!

Cobb, 24, finished tied for ninth with 91 receptions, 11th with 1,287 yards and tied for fourth with 12 touchdowns. According to ProFootballFocus.com’s slot-receiving numbers, his 75 receptions were 11 more than the Eagles’ Jordan Matthews, his 1,067 yards were 232 yards more than Matthews and his 12 touchdowns were almost as many as the next two players combined (Matthews, eight; Kendall Wright, five).
Among all wide receivers with at least 50 catches, Cobb ranked second with 618 yards after the catch (according to STATS) and third with an average of 6.6 YAC (according to PFF). He also ranked third with 12 receptions of 25-plus yards, tied for second with 24 third-down receptions that he turned into first downs, tied for first with 16 receptions in the red zone and first with 10 red-zone touchdowns, according to STATS. He also was a fearless blocker.

One other tidbit, Cobb has the highest Catch % for all WR since 2011, pretty impressive overall.

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Thegreatreynoldo's picture

March 09, 2015 at 12:35 am

Thanks for the stats. It does make me feel a little better about the price tag. I've several times noted the reception percentage of various receivers and knew that Cobb was usually over 70%, which is excellent (72% last yr). Jordy's is usually 63 to 65% or so, which is also good for an outside WR.

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ben's picture

March 08, 2015 at 03:36 pm

The only way I like this move is if we trade the over-rated Davonte Adams. Janis and Abbrederis need to see the field this year.

I wasn't necessarily for keeping Cobb. But Jordy, Cobb, Janis, Abbrederis, Boykin, and possibly a late round draft pick is the IDEAL receiving core. Like WR, OL is very good and very deep. The Packers can afford to take "losses' at these positions and in turn make investments at positions of real need like DT & ILB. I'm a Don Barclay and he can step right in at RT. Tretter may also be able to compete there. And I know your not ready for it, but Jeremy Vujnovich could be the Packer's starting RT this year. Vujnovich is a future starting Tackle in this league. That's right, you heard me, a starting OT, and a possible franchise left tackle.

Now that we resigned cobb, I hope bulaga is gone. Either Cobb or Bulaga had to be let go to make room for maybe thee most dominant defensive lineman to ever play the game. Ndamukong Suh at DE & NT would finally fortify the year in and year out greatest weakness of the Greenbay Packer's, their defensive middle and run defense. He would also bring an attitude and killer instinct the Packers absolutely do not have.

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Irish_Cheesehead's picture

March 08, 2015 at 06:27 am

You like the idea of keeping Boykin over Adams???????????

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Big Moe's picture

March 08, 2015 at 08:19 am

Agreed, Adams is a 2nd rd pick and so far TT has been spot on with second rd receivers and Boykin took big steps in the wrong direction last season, I just do not see that scenario happening. And unless some magic puts Reggie Whites spirit in Suhs body thanks but no thanks let the head case be another teams problem.

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ben's picture

March 08, 2015 at 05:50 pm

I like the idea of keeping boykin as a #5 receiver more than Adams as a #2/#3 receiver.

By trading Davonte the Packers could use his perceived value to improve the real deficiencies that continue to hinder Packer success year after year.

Also, as is, it appears more gifted receivers in Jeff Janis and Jared Abbrederis won't get the opportunities they should.

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@ballark's picture

March 08, 2015 at 09:02 pm

Davante.

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MarkinMadison's picture

March 08, 2015 at 08:12 am

"Either Cobb or Bulaga had to be let go to make room for maybe thee most dominant defensive lineman to ever play the game. Ndamukong Suh at DE & NT..."

I scratch my head. I shake my head. I sigh. I step away from my computer.

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Big Moe's picture

March 08, 2015 at 08:24 am

"I scratch my head. I shake my head. I sigh. I step away from my computer."

LOL, you are not the only one. to much beer cheese soup maybe.

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4thand1's picture

March 08, 2015 at 08:48 am

'Ol crazy ass ben gets the most replies. He thinks he's a super genius GM or He's just plain crazy. I'll go with the latter. Also he just might be cow, loves the attention. Suh-long.

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badaxed's picture

March 08, 2015 at 09:59 am

Cow...........Moooooooooooooooooo!

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J0hn Denver's Gavel's picture

March 08, 2015 at 07:55 pm

Ben is sooooo stupid.

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ben's picture

March 08, 2015 at 06:26 pm

I'm going to pretend Suh isn't one of the most dominant defensive lineman I've ever seen.

I'm going to pretend the notion he is, is crazy. So crazy in fact that I scratch and shake my head then have to step away from my computer. I'm also going to pretend that me doing so is funny in some way.

Now I'm going to wait for my homer blog buddies to pretend with me.

"Hey danny, hi 4th and 1. Remember when we had the Best Quaterback to ever play the game for over a decade and won that 1 superbowl? That was awesome, couldn't have went any better.........I lover our own little world, right danny?"

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MikeHoncho's picture

March 09, 2015 at 02:20 am

I don't understand why people are going bonkers over Janis and Abbrederis when they haven't played one stinking down in a meaningful NFL game. They are being anointed as starters and great receivers with absolutely zero NFL game experience.

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DrealynWilliams's picture

March 08, 2015 at 06:04 am

First off, thank you Aaron Rodgers.

I kinda found out by Twitter. I woke up to Cobb being a trending topic on Twitter and my heart began to race. I hurried here to find out he would be staying. Whew!

I don't mind Cobb getting paid slightly more than Nelson. He's not a better overall WR, but he does more and shows up in crunch time.

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ChicagoPackerFan12's picture

March 08, 2015 at 11:21 am

Bingo. He does more and last year I would even say he was more valuable.

There were times Jordy disappeared and it was Cobb coming through.

Great move for both sides and now time to get Bulaga.

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DrealynWilliams's picture

March 08, 2015 at 11:41 am

Absolutely.

Bills game?

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Devin Tubania's picture

March 08, 2015 at 06:22 am

how much cap space do we have now?

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PackerAaron's picture

March 08, 2015 at 06:54 am

No way of really knowing until contract details come out. There are all sorts of ways it could be structured which would determine the size of the cap hit.

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4thand1's picture

March 08, 2015 at 08:52 am

The cap hit won't be to significant for a player of Cobb's ability.

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Irish_Cheesehead's picture

March 08, 2015 at 06:29 am

Great news! I really thought Cobb was gone.

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Hegatron's picture

March 08, 2015 at 07:58 am

Mike Florio can eat it as well. He was adamant all week that Cobb would leave. I will say, that PFT TV show has been more informative than NFL network lately. Same "Breaking News" for 8 hours..

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FITZCORE1252's picture

March 08, 2015 at 10:50 am

Agreed. As much as i dislike Florio, I'll take PFT over NFLTA any day. It's almost unbearable to watch. It's like they think they can prop any washed up, bumbling, ex player on their and we're just gonna eat it up. F that.

Oh, and welcome back Randall!! Woot

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HankScorpio's picture

March 08, 2015 at 12:19 pm

Tolzien is signed for 1 yr, $1.35 mil according to @PackerReporter on twitter.

Also Suh is going to Miami for an absolutely monstrous deal according to Chris Mortensen. Assuming the deal below is 7 yr, that is $16.3 mil/yr

@mortreport: Ndamukong Suh will sign w/Dolphins Tues. parameters around $114 million and $60 million guaranteed.

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HankScorpio's picture

March 08, 2015 at 02:02 pm

Incorrect assumption on the length of Suh's deal...it is 6 yrs, not 7 yr. He'll be the highest paid defender in the NFL, ahead of JJ Watt. Not really hard to see that one coming. Talent like his does not hit unrestricted FA all that often.

Of course, the Dolphins were not mentioned among his suitors that often. They cleared away the massive over-spending of the 2013 FA season to make the room for Suh. I wonder if they'll want out of this deal by 2017.

http://www.freep.com/story/sports/nfl/lions/2015/03/08/detroit-lions-nda...

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NickPerry's picture

March 08, 2015 at 02:25 pm

Miami is a good place for Suh. Now we only have to worry about our players body parts being stomped on or kicked every 4 years. If Fairly leaves that leaves the Lions thin in the middle of that defense on the DL.

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HankScorpio's picture

March 08, 2015 at 02:49 pm

Yeah, it's always nice to see a talented NFC North rival move to the AFC.

I have to think the Lions will push hard to retain Fairly now. Losing both of the best DT duo in the game in one offseason is a killer blow to a defense that finally played well after sucking for so many year. I hope they push so hard they overpay by a lot. Fairly was definitely Robin to Suh's Batman.

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egbertsouse's picture

March 08, 2015 at 12:32 pm

It is being reported that the Vikings are interested in AJ Hawk. Raise your hand if you didn't see this coming.....

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HankScorpio's picture

March 08, 2015 at 01:49 pm

The path of exiting the NFL from Green Bay does seem to travel through Minneapolis quite a bit.

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@ballark's picture

March 08, 2015 at 09:10 pm

Even though we'll still do it, it's pretty pointless to compare the Cobb and Nelson contracts. The salary cap went up, and the salaries go up every year. Cobb is 24, so that gets factored, I'm sure. To quote the Dude there's, you know, a lotta ins, lotta outs, lotta what-have-you's.

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DrealynWilliams's picture

March 08, 2015 at 09:25 pm

"The Chargers, Packers and Patriots are considered contenders for Harvin. " - CBS

Uhhh, what is this nonsense they speak of?

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Imma Fubared's picture

March 09, 2015 at 09:50 am

First I'm not buying it. Teams interested in Cobb, if any would have talked only ball park numbers with him and not made him a hard offer. Why? Do you pay for a car based on the sticker or do you try and get it at your price, a price your comfortable with?
Most teams would have 'inkled' on the possible money not made an absoluted hard here's what we will give you to come here.
No he fandangled Ted into another 1.5 million more per year than was offered. It was always about da mooney and not loyalty to packer fans.

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