Maybe. Maybe not. But Packer Report has learned that at least one team is prepared to offer him $11 million per season.
According to a league source, the Oakland Raiders — led by former Packers director of player personnel Reggie McKenzie — are considering offering Cobb a blockbuster deal.
The news comes on the heels of the Milwaukee Journal Sentinel’s report that Cobb is seeking $12 million per season.
According to OverTheCap.com, the Raiders have the second-most available cap space at $57.4 million. Jacksonville, which has a league-high $68.5 million in space, also is prepared to make a run at Cobb, a source said, though the source wasn’t sure of the specifics.
The Packers have the 10th-most cap space, about $33 million. That’s obviously quite the financial war chest but that money could disappear quickly with Cobb and right tackle Bryan Bulaga expected to be highly sought-after commodities when the negotiating period begins on Saturday.
Cobb, 24, playing his final season under his rookie contract, had 91 receptions for 1,287 yards and 12 touchdowns. He led the NFL with 10 red-zone touchdown catches and tied for third with 24 third-down receptions that he turned into first downs.
Jordy Nelson ranks 10th among receivers with an average salary of $9,762,500, according to OverTheCap.com. Does general manager Ted Thompson want to have about $21 million per year wrapped up in two receivers? And does he need to consider Nelson's feelings if Cobb were to vault past him in salary? Those are among the dynamics in play should the bidding for Cobb reach eight-digits per season.
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