The potential agreement, worth a reported $20 million over 10 years, might end Favre's bid to return just months after retiring. It also would likely keep him from reporting to Packers training camp and a team that is not planning to start him at quarterback for the first time since 1992.
After talking to Packers president and CEO Mark Murphy about the marketing deal Wednesday, Favre confirmed he was considering it to ESPN on Thursday.
PANTHERS: Cornerback Chris Gamble saw all the big deals given to defensive backs in the off-season and realized he could be next.
Set to become an unrestricted free agent after the 2008 season, Gamble is one strong, healthy and productive season away from cashing in.
Entering his fifth season, the former Panthers' first-round pick has been a starter since his rookie year and is tied for second in team history with 17 interceptions.
BRONCOS: A precautionary MRI turned up nothing wrong with the sore left knee of Denver center Tom Nalen . The 14-year veteran still didn't take part in practice on Friday.
"When he feels like he's ready to go, he'll go," coach Mike Shanahan said.
EDWARDS INDICTED: A man identified by NFL player Adam "Pacman" Jones as the gunman in a strip club shooting that wounded three people in 2007 was indicted Friday on seven felony counts.
Arvin Kenti Edwards of Renton, Wash., was ordered by a Las Vegas judge to be held without bail pending arraignment Tuesday.
Lawyer Jeffrey Segal said outside court his client will plead not guilty to the charges: three counts of attempted murder, three counts of battery with a deadly weapon causing substantial bodily harm, and one charge of being an ex-felon in possession of a firearm.
Combined, convictions could bring penalties of up to 186 years in prison.
Edwards is accused of wounding three people outside the Minxx strip club in Las Vegas in February 2007.