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Packers 'pretty unlikely' to re-sign free agent Jermichael Finley

The Green Bay Packers head into the offseason with nearly $27 million in cap space based on an estimated $126.3 million salary cap. Despite all that money, re-signing tight end Jermichael Finley doesn’t seem to be on the to-do list.

Two thins are working against Finley, his neck injury and their desire to re-sign two other players first.

From the Milwaukee Journal-Sentinel:

Thompson’s advantage over his NFC competition this year is that he has the flexibility to exclusively re-sign most or all of his own free agents, complement a select number of his own with some outside free agents or sign a good portion of his own and then rely on the draft to fill out the roster.

It’s pretty unlikely Thompson will re-sign Finley given he wouldn’t medically clear safety Nick Collins, who had the same neck injury. If he can’t get Shields signed to a long-term deal, he can put a franchise tag on him for approximately $10 million. And if he can sign Shields, he could use the franchise tag on Raji for maybe $9 million.

Other teams could be cautious when it comes to signing Finley as well. If he bounces back in 2014 he might be looked at as one of the best free agent pick ups if plays well and is signed to a team-friendly deal.

Tags: Green Bay Packers

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