Free-agent wide receiver Randall Cobb has signed a four-year, $40 million deal to stay with the Packers, according to multiple reports.
Cobb, 24, was among the top free-agent wide receivers this offseason.
He was drafted by the Packers out of Kentucky with the 64th overall pick in 2011.
The 5-foot-10, 191-pound versatile speedster is coming off a career year where he recorded 91 receptions for 1,287 yards and 12 touchdowns.
That campaign earned Cobb his first Pro Bowl nod.
The Raiders were expected to be among the aggressive players for Cobb's services. Cobb ranked high among the Raiders free-agent priorities, though it’s uncertain how much the Raiders were willing to offer.