Updated March 20, 2026, 9:48 p.m. ET
The Jacksonville Jaguars have reportedly signed Seattle Seahawks wide receiver Jake Bobo to an offer sheet. SI insider Albert Breer has those contract offer details.
According to Breer, the Jaguars offered Bobo a two-year, $5.5 million deal. This includes $4.5 million guaranteed with a $1.75 million signing bonus.
Bobo’s base salary in 2025 would be $1.25 million, and then $2 million in 2027. Bobo can also earn a $50,000 workout bonus and $200,000 per game roster bonus each year.
There is an additional $1.5 million in incentives for Bobo for hitting specific catch, yardage, and touchdown thresholds. The total contract value is $7 million.
Jaguars sign Seattle’s Jake Bobo to offer sheet
Bobo is a restricted free agent this offseason, and with that, the Seahawks placed the right of first refusal tender on him. This allows Bobo to negotiate with other teams, but the Seahawks have the opportunity to match any offer he receives.
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If Seattle chooses not to match Jacksonville’s offer, Bobo then becomes a member of the Jaguars. Since Seattle used the right of first refusal tender, they would not get any draft compensation in return from the Jaguars for letting Bobo walk.
Bobo is a good fit for what the Jaguars look for at wide receiver. Jacksonville could also use more depth at the position, and acquiring Bobo won’t impact their compensatory draft picks in 2027.
The Seahawks have until March 25th to match Jacksonville’s offer.
(This story was updated to add new information.)