Update from Green Bay

Posted by ESPN.com's Kevin Seifert
GREEN BAY, Wis. -- Green Bay Packers General Manager Ted Thompson and his staff remained holed up in their Lambeau Field offices Wednesday afternoon, continuing trade discussions about quarterback Brett Favre. Thompson has postponed his weekly news conference until there is news to discuss, but there is still a chance he will meet with reporters at some point this evening.

The Packers are scheduled to practice at 6:30 p.m. CT. We'll keep you updated on any late developments.

To summarize today's activities:

Favre and his wife, Deanna, departed Green Bay this afternoon and have returned to Hattiesburg, Miss.

The Packers are holding active conversations with both the Tampa Bay Buccaneers and New York Jets.

Favre has spoken to officials from both teams.

According to ESPN's Chris Mortensen, the Favre family is huddling Wednesday night to discuss the pros and cons of playing for each team.