According to ESPN NFL Insider Adam Schefter, Randall Cobb won't hit the free agent market this offseason. The 24-year-old wide receiver has signed a new deal with the Green Bay Packers worth $40 million over four years with $17 million guaranteed.
The question now is: what does this mean for soon-to-be free agent wide receiver Jeremy Maclin? Here are a few thoughts.
Recent reports indicate that Maclin wants $11 million per year while the Eagles are only offering $10 million. Perhaps this Cobb deal sets the market and allows both sides to come to a compromise.
On the other hand, Maclin is now the top free agent wide receiver on the market if he makes it to the open market. This means that he will be in higher demand. He will have a lot of bidders. He will also have more leverage against Philadelphia.
NFL media's Ian Rapoport also notes that Cobb "turned down significantly more money elsewhere" to re-sign with the Packers. So Cobb's actual value could have been even higher if he left Green Bay.
The Eagles and Maclin still have time to hammer out a deal before free agency officially starts on Tuesday, March 10. The deadline is fast approaching.