A serviceable depth add that fills a need without inspiring much confidence. Headlines are mixed, with at least one outlet already predicting a letdown after his Packers tenure. Hobbs is a proven slot corner but has never consistently elevated to true starter-level play. Fans are underwhelmed, noting San Francisco's secondary still lacks an elite boundary cornerback. Expect Hobbs to contribute in nickel packages but unlikely to solve the 49ers' deeper cornerback concerns.
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Contract Value Index (CVI)
B
Good Value
OverpayFair ValueGreat Value
This signing grades out as a reasonable signing for the San Francisco 49ers — the team is getting significantly more on-field production than what they're paying for. Nate's on-field performance ranks in the upper half among NFL CBs, grading him as a solid starter at the position. His $3.5M average annual value ranks as below-market money for the CB market. The production-to-cost ratio is favorable — solid starter output at a below-market price point represents solid asset management. Nate is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract. The one-year deal minimizes the team's financial risk, effectively making this a prove-it contract.
Contract Details
Length
1 year
Total Value
$3.5M
AAV
$3.5M
Guaranteed
$3.1M
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