Updated

(SportsNetwork.com) - The Green Bay Packers and wide receiver Randall Cobb have reportedly agreed to a four-year contract extension.

According to the Milwaukee Journal Sentinel, Cobb turned down several other offers and ended up signing a $40 million pact with $17 million of it guaranteed.

Cobb, 24, was regarded as one of the top players primed to hit free agency after a career season in which he caught 91 passes for 1,287 yards and 12 touchdowns over 16 games.

The Kentucky product has compiled 227 receptions for 3,049 yards and 25 scores in 52 games spanning four seasons with the Packers.