Jordy Nelson gambled and lost when he signed a contract extension three years ago with the Green Bay Packers.

Nelson was a 26-year-old receiver whose best season was 45 catches for 582 yards and two touchdowns at the time of the deal.

Under his current contract, which averages $4.2 million per season, Nelson ranks 34th in pay among all NFL receivers, which makes it look like he left money on the table the last time around. 

"When I signed it, I don't think I did," Nelson said Tuesday. "I think everyone when I signed thought it was a good deal. No one would have known I'd have 1,200 yards and 15 touchdowns [in 2011]. Obviously, hindsight is 20/20 but, again, I'm not worried about that at all. I've been comfortable with my decision. 

"I've talked to other guys who've given me a hard time about it and they've been in the same situation of getting re-done with a year left and like, what to do. You've just got to live with your decision, one way or the other. You sign it, you've got to be happy. If you outplay it, you've got to deal with it. If you don't sign it and you get hurt, you've got to deal with that." 

Nelson believes talks on a new deal will gain momentum soon, though the Packers have shown a propensity to let aging wide receivers leave the team.