The Packers had been talking with the Jets and Tampa Bay Buccaneers since deciding earlier this week that the team and the three-time MVP couldn't co-exist. The Packers decided to move forward with Aaron Rodgers as their starter after Favre announced his retirement in March.
Favre's agent, James "Bus" Cook, confirmed the deal in a text message to The Associated Press late Wednesday night.
The agreement first was reported by Fox Sports on its Web site.
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