I don't see a team offering $9M+ for Cobb so I don't think it hurts the Packers to let him test it out but there are securities for both Cobb and the team to get it done before free agency. Cobb guarantees himself a solid contract and the Packers don't get into a bidding war.
we'll see but he's worth more than seven of the WRs currently making $9M. He probably won't get a Wallace type deal although he could; but I'd be surprised if he doesn't make more than $10M.
Calvin Johnson Lions $113,450,000 $16,207,143 $48,750,000 $6,964,286 43.0% 2020 UFA
Percy Harvin Jets $64,245,000 $12,849,000 $14,500,000 $2,900,000 22.6% 2019 UFA
Mike Wallace Dolphins $60,000,000 $12,000,000 $27,000,000 $5,400,000 45.0% 2018 UFA
Dwayne Bowe Chiefs $56,000,000 $11,200,000 $20,000,000 $4,000,000 35.7% 2018 UFA
Vincent Jackson Buccaneers $55,555,555 $11,111,111 $26,000,000 $5,200,000 46.8% 2017 UFA
Larry Fitzgerald Cardinals $22,000,000 $11,000,000 $22,000,000 $11,000,000 100.0% 2017 Void
Brandon Marshall Bears $30,000,000 $10,000,000 $14,800,000 $4,933,333 49.3% 2018 UFA
Jordy Nelson Packers $39,050,000 $9,762,500 $11,500,000 $2,875,000 29.4% 2019 UFA
Andre Johnson Texans $67,800,000 $9,685,714 $20,500,000 $2,928,571 30.2% 2017 UFA
Greg Jennings Vikings $45,000,000 $9,000,000 $17,800,000 $3,560,000 39.6% 2018 UFA