by Bryon Graff
(WAOW) - FOXsports.com reports Brett Favre is traded to the New York Jets. According to the report by Jay Glazer the "exact compensation was not immediately known, but it is believed to be a single draft pick that increases in value depending upon how the Jets perform during the 2008 season."
The Jets beat out the Buccaneers in the bidding for the three-time MVP quarterback. This trade moves Favre outside the NFC. The Jets open their preseason schedule Thursday night at Cleveland.
Packers President/CEO Mark Murphy and Executive Vice President, General Manager and Director of Football Operations Ted Thompson issued the following joint statement:
"Brett has had a long and storied career in Green Bay, and the Packers owe him a tremendous debt of gratitude for everything he accomplished on the field and for the impact he made in the state. It is with some sadness that we make this announcement, but also with the desire for certainty that will allow us to move the team and organization forward in the most positive way possible.
"We respect Brett's decision that he could no longer remain here as a Packer. But there were certain things we were not willing to do because they were not in the best interest of the team. We were not going to release him nor trade him to a team within the division. When Brett ultimately decided that he still wanted to play football, but not in Green Bay, we told him that we would work to find the best solution for all parties involved. We wish Brett and his family well.
"We appreciate the tremendous passion shown by our fans. We, like them, always will see Brett Favre as a Green Bay Packer and our respect for him never will change. Moving forward, we are dedicated to delivering a successful 2008 season for all Packers fans."
Courtesy: Green Bay Packers
Online Reporter: Bryon Graff