Sources -- Green Bay Packers trading Davante Adams to Las Vegas Raiders

GREEN BAY, Wis. — It turns out Aaron Rodgers' return to the Green Bay Packers didn't mean the same thing for Davante Adams. Just days after Rodgers signed his blockbuster contract extension to return, Adams, his favorite target, left town in a trade with the Las Vegas Raiders, sources told ESPN's Adam Schefter.

The Raiders are sending the Packers their first-round pick (No. 22 overall) and second-round pick (No. 53) in this year's draft, sources told Schefter. That gives the Packers four picks in the top 60; they also own picks Nos. 28 and 59.

Adams is signing a five-year contract averaging $28.5 million per season with Las Vegas, a source said. Rodgers was aware of the developments with Adams, who preferred to play elsewhere rather than return to Green Bay for a contract and pay structure similar to his deal with the Raiders, a source said.

The Raiders' odds to win the Super Bowl improved slightly after the trade, moving from 60-1 to 50-1 at Caesars Sportsbook. Las Vegas is 25-1 to win the AFC and has the fourth-best odds to win the AFC West at 7-1.

Green Bay dropped from 11-1 to 12-1 to win the Super Bowl, but still owns the second-best odds in the NFC behind the Tampa Bay Buccaneers (9-1).

The trade reunites Adams with Derek Carr, his college quarterback from their days at Fresno State. The Packers had used the franchise tag on Adams last week, but now they're free from that $20.14 million charge on their salary cap.

However, Green Bay now is in major need at the receiver spot. Two of the receivers in their rotation last year are free agents: deep threat Marquez Valdes-Scantling and Equanimeous St. Brown. The Bears signed St. Brown on Thursday, but now the Packers have cap space to bring back Valdes-Scantling if they