A Josh Jacobs-Raiders reunion will not take place. The former rushing champion is expected to join the Packers, according to Ian Rapoport and Tom Pelissero of NFL Network. The four-year deal is worth $48MM, the pair report in a follow-up.
Vegas had an offer on the table as of earlier today, proving the team’s intention of working out a multi-year deal. The threat of free agent departure has existed since last offseason, of course, when Jacobs received the franchise tag and talks on a new deal did not produce an agreement.
Vegas ultimately ended Jacobs’ training camp holdout by agreeing to a revised one-year deal which upped the value of the tag slightly. Coming off his best season, expectations were high in 2023 for the former first-rounder. However, he produced a career low in rushing yards (805) and yards per carry (3.5).
In spite of that, Jacobs represented one of the top backs on the market. The 26-year-old sat in the middle of the pack in terms of age amongst high-profile options who were available, many have whom have quickly landed deals. Terms of the Jacobs deal are roughly in line with many other notable RB deals given out today given the nature of the 2024 market, but to little surprise he has topped the list in terms of length and total value. The Alabama product will immediately take on an every-down role in Green Bay.
For a brief period on Monday, it appeared the Packers would have both Jacobs and incumbent starter Aaron Jones in the fold. However, the latter has been released after attempts to work out a pay cut fell through. With AJ Dillon set to depart in free agency, plenty of backfield carries and targets will be heading Jacobs’ way in 2024. Green Bay enjoyed success on the ground late in the season and into the playoffs, and continuing that production will be a key priority.
Doing so will take on a different dynamic with Jacobs (and not Jones) leading the way, not to mention the O-line departures which the Packers have seen. In any case, Green Bay’s offense will be built in large part on the ground game during Jordan Love‘s second year as a starter.