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Sports NFL free agency rumors: Packers releasing Jordy Nelson, signing Jimmy Graham

03:05  14 march  2018
03:05  14 march  2018 Source:   sportingnews.com

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Packers sign Jimmy Graham , release Jordy Nelson . The Green Bay Packers were plenty busy this afternoon, with word that they are signing tight end Jimmy Graham to a three year contract, and releasing long-time wide receiver Jordy Nelson .

March 13, 2018 10:22pm EDT March 13, 2018 4:52pm EDT American Football , English, Jordy Nelson , Jimmy Graham , NFL , Green Bay Packers By releasing Nelson , the Packers now have .2 million in cap space.

a group of people wearing costumes: Jimmy Graham, left, and Jordy Nelson. © (Getty Images) Jimmy Graham, left, and Jordy Nelson.

The Packers announced they released longtime receiver Jordy Nelson and reportedly will sign tight end Jimmy Graham

The decision to cut Nelson creates $10.2 million in cap space for the Packers and leaves just $2.3 million in dead money.

“We cannot thank Jordy enough for all that he has given the Green Bay Packers and our community for the past 10 years,” general manager Brian Gutekunst said in a release. “He has been an exemplary professional and teammate and greatly contributed to our success.

"Jordy will always be a member of the Packers family and we look forward to his eventual induction into the Packers Hall of Fame. We wish Jordy, his wife Emily, and the rest of their family all the best.”

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Packers Rumors : Green Bay To Sign Jimmy Graham And Release Jordy Nelson . The Green Bay Packers continue their free agency moves this 2018 NFL offseason, with the signing of TE Jimmy Graham and the release of veteran WR Jordy Nelson .

Packers Rumors : Green Bay To Sign Jimmy Graham And Release Jordy Nelson . The Green Bay Packers continue their free agency moves this 2018 NFL offseason, with the signing of TE Jimmy Graham and the release of veteran WR Jordy Nelson .

The move came minutes after the reported three-year signing of Graham, who has spent the last three years in Seattle. With the Seahawks, Graham posted 18 total touchdowns (10 coming last season) and 2,048 receiving yards.

It was rumored that Graham, 31, would return to New Orleans, especially after the Saints re-signed quarterback Drew Brees, but that was not the case.

Nelson, 33, spent his entire 10-year career in Green Bay, but he slowed down significantly last season. His yards per catch was 9.1 in 2017 and he managed just 53 receptions and 483 yards in 15 games, which was much lower than previous years.

Given that he signed a four-year, $39 million contract extension in 2014, it would be hard for the Packers to justify paying those rates as his productivity has declined.

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