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

Sporting News logo Sporting News 3/13/2018 Gabrielle McMillen
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The Packers have released longtime receiver Jordy Nelson and signed tight end Jimmy Graham, ESPN.com reported Tuesday.

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

The move came minutes after the reported signing of Graham, who has spent the last three years in Seattle. It was rumored that Graham 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, which was much lower than previous years.

But given how fast Nelson bounced back from a torn ACL in 2015 and his stellar 2016 campaign, cutting him was not an anticipated move.

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