Packers address Favre, finances with shareholders - WAOW - Newsline 9, Wausau News, Weather, Sports

Packers address Favre, finances with shareholders

Posted:

GREEN BAY, Wis. (AP) -- Green Bay Packers president and CEO Mark Murphy was cheered when he addressed the Brett Favre situation at Thursday's annual shareholders meeting.

The reception could be a sign many fans are backing the way the Pack handled its indecisive ex-quarterback.

Speaking to about 7,500 shareholders of the NFL's only publicly owned franchise, Murphy praised the way the team handled Favre's unretirement drama and subsequent trade. Afterward, he reiterated a pledge to eventually retire Favre's jersey.

Murphy says the Packers are moving on, expressing optimism about this season and concerns about the economy and labor issues.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Powered by Frankly