Yes this whole saga is super annoying, what with Chris Mortensen’s hourly reports from his location inside Favre’s ass, but I’m getting intrigued by the game theory aspects.
My understanding is that the Packers don’t have to pay Favre anything if they release him once he’s reinstated. So why would they offer him millions to stay retired? The answer seems to be because they think it would really hurt them for Favre to sign with somebody like Minnesota. But if Favre is still that valuable (and he was really good last year after some mediocre seasons) why not spend those millions to have him be your starter for another year? Because Aaron Rodgers would demand a trade? But Rodgers has no leverage as far as I can see. Yeah you would like to keep the guy you want to be your future QB happy, ideally, but there’s no ideal solution at this point. Why not just take Favre back?
Another option would be to trade him to somebody in the AFC. But that’s tricky because everybody realizes Green Bay is in a bind, so nobody wants to give them anything to bail them out, plus if they release Favre somebody could sign him for considerably less than what’s left on his current contract I suppose.
In any case unless you’re a Mongolian goat herder you’ll be finding out how this saga ends whether you want to or not.