Update:
Tom Pelissero of NFL Media reports that the Packers are trading a 2022 sixth-round pick to the Texans WR Randall Cobb. According to Pelissero, the Texans are expected to pay $3 million of Cobb’s salary.
According to Adam Schefter, the Packers and Texans have agreed on a trade to send WR Randall Cobb back to Green Bay.
Cobb confirmed the news moments before Schefter’s tweet. The two sides have been working on a deal for the past couple of days at least.
https://twitter.com/rcobb18/status/1420376481621061632?s=20
Schefter adds Packers QB Aaron Rodgers had significant input on this deal.
The Packers made concessions with Rodgers to get him to return and one of them is clearly to take his opinion into account when making personnel decisions from here on.
Mike Florio reports the current holdup in the deal becoming official is the two sides are discussing how much of Cobb’s salary Houston will pay. The two sides are expected to swap late-round picks as the primary compensation.
Cobb was set to make $8.25 million in a guaranteed base salary in 2021 so it’ll be interesting to see how Green Bay works around that figure.
Cobb, 30, is a former 2011 second-round pick of the Packers out of Kentucky. After his four-year rookie contract expired in 2015, the Packers signed Cobb to a four-year, $40 million extension that ran through the 2018 season.
The Packers allowed Cobb’s contract to expire and he later signed a one-year, $5 million contract with the Cowboys. He signed with the Texans on a three-year, $27 million deal.
In 2020, Cobb appeared in 10 games for the Texans and caught 38 passes for 441 yards receiving and three touchdowns.
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