According to the Milwaukee Journal-Sentinel, the Packers have spoken with Jermichael Finley’s reps about his contract, but haven’t demanded that he takes a pay cut to remain on roster.
According to one source, the Packers’ brass did express that they’re uncomfortable with the tight end’s $8.25 million salary this year. The two sides have talked. And Monday, Finley’s future with the Packers, at least for 2013, should clear up. Finley is due a roster bonus of $3 million on Tuesday, so the Packers essentially need to make their decision on him today.
If the Packers decide to pay Finley the bonus, he’s virtually certain to be on the roster this season.
Green Bay could release the tight end outright, restructure his deal, or keep him at the $8.25M number.
Now that 4 PM eastern standard time has passed and the Packers haven’t released FInley, it looks like they’ll pay him his $3 million roster bonus.
The Packers could still ask him to reduce his 2013 salary of $4.45 by taking a pay cut or restructuring his contract.
Update: Finley has announced he will be playing for the Packers in 2013.