Finley reportedly isn't interested in accepting a pay cut to stay with the Packers, according to ESPN:
I'd have to walk for sure, meaning I couldn't take a pay cut. Maybe I'd restructure if it's a deal that I like and it makes sense, but I'm not the guy that's just going to sign anything and let anything pass.
The 25-year-old is due a $3 million roster bonus in 2013. If the Packers trade or release him, they save $8.25 million, according to ESPN.
In addition to Finley's roster bonus, he also has a $4.75 million base salary, according to the Benoit Daily News report. The Packers are expected to try to get the entire bundle down to the "$4 million or $5 million range," per the report.
Should the Packers hold onto Finley?
Finley's agent called out Rodgers for a lack of leadership last season, according to ESPN's report. It has been widely speculated that the Packers will cut ties with Finley due to a relatively poor 2012 campaign (667 yards, two touchdowns).
For an athletic player with so much potential, the tight end didn't quite live up to all the hype last season, though he did set a career high in catches with 61.
It seemed as though he was on pace to become one of Aaron Rodgers' favorite targets in the passing game after he put up 767 receiving yards and eight touchdowns on 55 catches in 2011. But after a quieter campaign in 2012 and the emergence of Randall Cobb and James Jones as playmakers on offense, Finley may be dropping down the targets ladder.
The Packers went 11-5 last season but lost to the San Francisco 49ers in the divisional playoffs, 45-31. Finley had four catches for 35 yards in the loss.