Green Bay Packers president Mark Murphy said it's like a marriage that ends, adding that neither party was at fault.
Murphy, general manager Ted Thompson and head coach Mike McCarthy met the media this afternoon, hours after the Packers traded quarterback Brett Favre to the New York Jets. Thompson says he thought all parties involved felt the trade was the best result for a difficult situation.
According to NFL.com, the Packers will receive a fourth-round draft pick in 2009, or a third-rounder if Favre plays in 50 percent of the plays this season. The pick becomes a second-rounder if he plays in 70 percent and the Jets make the playoffs. Should the Jets make it to the Super Bowl and Favre takes 80 percent of the snaps, the Packers would get a first-round pick.
The Jets are scheduled to introduce Favre at a news conference in Cleveland prior to tonight's game against the Browns.
The Packers had been talking with the Jets and Tampa Bay Buccaneers since deciding earlier this week that the team and the three-time MVP couldn't coexist. The Packers decided to move forward with Aaron Rodgers as their starter after Favre announced his retirement in March.
The arrival of Favre signals the end of Chad Pennington's career with the Jets. General manager Mike Tannenbaum said there would be another transaction regarding quarterback Pennington, who spent his first eight seasons with the Jets.
Courtesy: Associated Press