Analysis: Could Seahawks Opt for ‘More Bobo,’ Match Jaguars’ Offer Sheet?
Making a last minute pivot in the final hour before free agency officially kicked off on March 11, the Seahawks decided to change course by placing a right of first refusal tender on restricted free agent receiver Jake Bobo, hoping that would prevent another team from signing the popular veteran.
But a little over a week after tendering him at a $3.52 million value for 2026 with the aim of discouraging other suitors from signing him, even after deciding not to let him become an unrestricted free agent as originally planned, Seattle still faces the prospect of losing Bobo. Still drawing interest from other teams, the Jaguars jumped into the fray by signing the former UCLA standout to an offer sheet, giving the Seahawks five days to make a decision on whether to match the offer or allow him to walk away in free agency.
According to Albert Breer of Sports Illustrated, Jacksonville offered a two-year deal worth $5.5 million, which would actually carry smaller cap hits than the $3.52 million value of Bobo’s tender. The deal carries $4.5 million in guaranteed salary with a big chunk of that being paid out in the second year, which goes against how Seattle typically structures contracts, especially for reserve players. The contract also has $1.5 million in additional incentives available to push the maximum value to $7 million.
