McGinn wrote that unless something drastically changes in terms of Finley's production this last part of the season, the team will look to trade or just flat out cut the five-year veteran.
According to McGinn's sources, there is "no way" the team is willing to pay Finley's $14 million contract over the next two years.
Finley has been with the Packers since being drafted back in 2007 out of Texas. With just 464 yards and two touchdowns on the 2012 season, however, it's not difficult to understand Green Bay's decision.
This report comes just two days after Chicago Bears linebacker Brian Urlacher spoke out about the tight end on Sirius XM radio.
Urlacher explained on the station (via Sporting News): "Just like a couple of years ago, I think, [Finley] tore his ACL, and the Packers were actually better without him."
This has been a regression year for Finley after an eight-touchdown, 767-yard receiving season in 2011. Those totals are both career bests for the tight end, but it appears that one season of production will not be enough to keep him in Green Bay next season, according to McGinn.
If the Packers decide to go ahead and cut Finley, the team could promote the likes of Tom Crabtree or D.J. Williams to the starting position. Then again, Green Bay would likely be in the market to draft a tight end in the early to middle rounds of the 2013 draft as well if it parts ways with Finley.