Packers and Jordy Nelson have struck a deal. It’s a 4-year extension worth $39M, source says. Huge. $14.2M guaranteed.
— Ian Rapoport (@RapSheet) July 26, 2014
The deal ends speculation over the past few months about just if and when the Packers would re-sign Nelson, their number one wide receiver. Most believed that his signing was just a matter of time, but because it took so long, some speculated that the Packers may wait through the season before making an offer.
But this new four-year deal will keep him in Green Bay for the next era of his career. Most importantly it keeps him in Green Bay with Aaron Rodgers, the quarterback who has developed a chemistry with Nelson that isn’t common in this day and age.
With the signing of Nelson, the Packers must now turn their attention toward the re-signing of their second-best wide receiver – Randall Cobb.
Cobb is also in his contract year and could become a free agent after the 2014 season if the Packers don’t work to get him to sign on the bottom line. How that will transpire will be a mystery until Ted Thompson does his work. We all know how he likes to keep his own, so the re-signing of Cobb will, like Nelson, be done at some point between now and next March.
We’ll stay tuned into that situation.
But in the meantime, Packers fans can rest assured that Nelson will be a Green Bay Packer through the 2018 season.
Here’s the official press release from the Packers about the signing …
PACKERS SIGN WR NELSON TO CONTRACT EXTENSION
The Green Bay Packers have signed WR Jordy Nelson to a contract extension. The signing was announced Saturday by Ted Thompson, Executive Vice President, General Manager and Director of Football Operations.
Nelson, who was drafted out of Kansas State in the second round (No. 36 overall) by the Packers with the first of their three second-round selections in 2008, has eclipsed 65 receptions and 1,200 yards receiving in two of the last three seasons (2011, 2013).
“Jordy’s hard work and dedication has made him a good player, teammate and a core member of this team. We are pleased to come to an agreement that will extend his Packers career,” Thompson said.
In 2013, Nelson posted career highs with 85 receptions for 1,314 yards (15.5 avg.), becoming just the fourth player in franchise history to register at least 85 receptions and 1,300 receiving yards in the same season. He ranks No. 6 in the league with 30 touchdown receptions since 2011 and No. 5 in the NFL (min. 125 receptions) over that span with a 16.4-yard receiving average.
Nelson recorded 15 touchdown receptions in 2011, joining Sterling Sharpe (18 in 1994) and Don Hutson (17 in 1942) as the only Packers to reach that mark in a single season. He ranks No. 11 in franchise history in receiving yards (4,590), No. 15 in receptions (302) and No. 12 in receiving touchdowns (36). Nelson is tied for No. 2 among active NFL players with three career touchdown receptions of 80-plus yards.
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