GREEN BAY, Wis. -- Jared Cook will count $2.75 million against the Green Bay Packers' salary cap this season, leaving them with a little more than $11 million in remaining space.
The one-year deal Cook signed on Monday could be worth up to $3.65 million with incentives.
It’s the biggest financial investment the Packers have made in a tight end since Jermichael Finley's two-year, $14 million deal in 2012.
One important thing to note about Cook’s signing is that he won’t count against the Packers in the compensatory picks formula, because he’s technically not an unrestricted free agent.