The Green Bay Packers are reportedly looking for a first round draft choice as compensation for a possible trade involving quarterback Brett Favre.
The information comes from a league source as told to by ESPN's Michael Smith, but "the same source added that no team is likely to meet that asking price."
It's also known that both the New York Jets and the Tampa Bay Buccaneers have received permission to talk to Favre. Of the two, the Jets seem to show the most interest while the Bucs have publicly shunned the attention. They may just be playing coy, however.
Current Jets quarterback Chad Pennington told reporters that their general manager Mike Tannenbaum told the team about their interest in Favre.
According to the ESPN report, " Pennington said Friday that Tannenbaum told him the team has talked to the Packers about Favre. It didn't sound as though Tannenbaum assured Pennington that the Jets aren't interested."
Buccaneers head coach Jon Gruden, meanwhile, tried to downplay the issue while being grilled by the media regarding the Favre situation. Gruden did leave the door cracked open, though.
"I'm never going to be a guy who puts his foot down and says we're going to do this," Gruden told the media. "But as I sit here today, Jeff Garcia is our quarterback. I don't know what Green Bay is doing. I don't know what Brett Favre is doing, and my cell phone proves that."
With at least two teams supposedly coveting the services for the star quarterback, one would think the Packers could get a first round draft choice for Favre. If both Jason Taylor and Jeremy Shockey can bring in second round choices plus an additional late round choice, it figures that Favre could bring in more at the all-valuable quarterback position.
One sticking point that Smith brought up during SportsCenter is that Favre's contract may play an issue. It's unknown at this point whether a team would be willing to take on Favre's approximately $12 million contract or whether a restructuring of his deal would be part of the trade.