The Las Vegas Raiders reportedly acquired wide receiver Davante Adams from the Green Bay Packers for two premium draft picks on Thursday night, ESPN Senior NFL Insider Adam Schefter tweeted.
Adams spent eight years with the Packers and had the franchise tag placed on him by the organization Tuesday, March 8. The 29-year-old receiver’s 123 receptions and 1,553 receiving yards last season were franchise-highs, and he also found the end zone 11 times.
However, Adams informed Green Bay he wouldn’t play under the franchise tag in the 2022 season, and that he wanted a long-term contract Monday, March 14.
The Raiders wasted no time inking the five-time Pro Bowl receiver to a five-year, $141.25 million deal that makes Adams the highest paid receiver in the NFL.
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The transaction had an immediate and significant impact on the NFL Super Bowl futures markets for both the Raiders and Packers.
Raiders Super Bowl Odds - March 17 to March 18
Caesars Sportsbook: +6000 to +5000
DraftKings Sportsbook: +6000 to +4000
FanDuel Sportsbook: +5000 to +3800
Packers Super Bowl Odds - March 17 to March 18
Caesars Sportsbook: +1100 to +1200
FanDuel Sportsbook: +850 to +1100
DraftKings Sportsbook: +850 to +850
Adams is definitely one of the best wide receivers in the league, but it will be interesting to see how he fares catching passes from Las Vegas quarterback Derek Carr and not from Green Bay quarterback Aaron Rodgers.
Additionally, it’s somewhat rare to see such significant line movement following transaction news of a non-quarterback. Furthermore, in the case of the Raiders, they’re still listed with the fourth-longest odds to win the AFC WEST at each of FanDuel, Caesars and DraftKings, so the notable dip in the Las Vegas Super Bowl LVII numbers at all three sportsbooks is all the more noteworthy.