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Randall Cobb gets $13 million to sign

Randall Cobb

Green Bay Packers wide receiver Randall Cobb (18) during warm-ups for their NFL football game against the Kansas City Chiefs in Kansas City, Mo., Thursday, Aug. 29, 2013. (AP Photo/Reed Hoffmann)


The first big-name player to sign a contract over the weekend didn’t have to change teams to get paid. And he got paid plenty.

Per a league source, here’s the breakdown of the contract given by the Packers to receiver Randall Cobb.

Cobb receives $13 million to sign, along with a base salary of $1.2 million in 2015. For 2016, Cobb has a $3.5-million roster bonus due on the third day of the league year, plus a salary of $1.5 million.

In 2017 and 2018, the salaries are $8.6 million in each year.

Cobb also can earn $400,000 per year in workout bonuses and up to $500,000 in per-game roster bonuses. For every game he’s not on the roster, the four-year, $40 million deal shrinks by $31,250.

The cap numbers are $5.35 million in 2015, $9.15 million in 2016, $12.75 million in 2017, and $12.75 million in 2018.

The structure suggests that ultimately it could be a two-year, $21 million deal. Ultimately, the Packers control whether Cobb remains with the team through 2016 or 2018.