Less than 72 hours before the new year, the Green Bay Packers made one of their biggest moves for the 2018 offseason. On Friday, Green Bay agreed to a four-year, $58 million extension with wide receiver Davante Adams. NFL Network's Ian Rapoport first reported word of the agreement between the two sides on an extension.
Adams, who would have become a free agent this offseason, cashes in on a deal that will make him the fourth highest paid receiver in average annual salary starting in 2018. The 25-year-old will earn 14.5 million per season, ranking behind Antonio Brown, DeAndre Hopkins and A.J. Green in AAS.
His contract, which contains an $18 million signing bonus, will pay him over $30 million in the first two years of his deal. Adams, who played in 14 games this season after already being ruled out for Week 17, has hauled in 70-plus receptions, 880-plus receiving yards and 10-plus touchdowns in each of his past two seasons. He currently ranks second in the NFL with 10 touchdown receptions, impressing in his time both with Aaron Rodgers and Brett Hundley at quarterback.
From a fantasy perspective, this is everything dynasty owners could hope for. A top-15 dynasty wide receiver, Adams will now remain in Green Bay and could post top-10 wide receiver numbers if he and Rodgers are healthy in 2018 and beyond.
Green Bay now locks up its top receiver and addresses its top offseason priority. However, it could come at the cost of a fan favorite. Jordy Nelson, who turned in one of the worst seasons of his career and showed decline in his age-32 season, would provide $10 million in cap savings if Green Bay releases him this offseason.