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Cobb did not accept Tampa Bay's qualifying offer, and will officially hit the free-agent market, Marc Topkin of the Tampa Bay Times reports.
Cobb will look for a multi-year deal on the open market this winter after declining the $17.4 million offer, which comes on the heels of earning just $12.2 million combined during the last three years with the Rays. The 30-year-old started 29 games this past season, and recorded a 3.66 ERA and 1.22 WHIP, with a 128:44 K:BB over the course of 179.1 innings. Wherever he winds up, Cobb will be a key cog in that organization's rotation.
