NFL

Thursday 7th August 2008

Green Bay Packers quarterback Brett Favre listens to a question following his announcement he's his retiring at a news conference in Green Bay

Packers agree to send Favre to Jets

The Brett Favre circus had turned into a tale of two cities - and there is a winner.

The Green Bay Packers announced they had reached an agreement totrade Favre to the New York Jets early Thursday.

Although the Packers did not disclose the terms, FOXSports.com reported late Wednesday night that Green Bay dealt Favre for a conditional draft pick - which would be based on the Jets' performance in 2008.

Packers CEO and president Mark Murphy and general manager Ted Thompson issued a 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," the statement read. "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."

The Jets likely will release a quarterback, and all signs point to veteran Chad Pennington, which would allow the team to free up space to fit Favre's $12 million salary under the cap.

For the moment, the Jets were basking in the glow of acquiring an NFL icon and a player who has been the face of the NFL.

"I am looking forward to seeing Brett Favre in a New York Jets uniform," Jets Chairman and CEO Woody Johnson said in a statement. "He represents a significant addition to this franchise, and reflects our commitment to putting the best possible product on the field.

"(General manager) Mike Tannenbaum and his football administration staff did a great job of navigating this complex process. I am excited about welcoming Brett, Deanna and their family to the Jets organization."

Favre, who retired in a tearful press conference on March 4, is the NFL's all-time leader in touchdowns (442), completions (5,377), attempts (8,758), yards (61,555) and wins (160). He also has been a model of toughness, starting an NFL-record 275 consecutive games, including playoffs.