Who says there’s no such thing as exciting free agent news in Green Bay?
Former Packers outside linebacker Erik Walden raised some eyebrows today by reaching an agreement with the Indianapolis Colts on a contract worth $16 million over four years. Walden, 27, expects to be a starter opposite Robert Mathis, according to Bob McGinn on Twitter.
In three seasons with the Packers, Walden accounted for nine sacks. Among the 34 outside linebackers that played in a 3-4 scheme last season, Pro Football Focus graded Walden dead-last. In 2011, Walden also graded out dead-last among the 28 3-4 outside linebackers that played at least 25 percent of their team’s snaps.
Just last summer, the Packers signed Walden to a one-year contract worth $700,000. Apparently, the Colts felt Walden’s 2012 season justified a pay raise of over $15 million.
Free agency never disappoints. The first wave of free agency brings both the expected moves (Mike Wallace to the Dolphins) as well as some head scratchers (Walden).
Not surprisingly, the financially cautious Packers have yet to dive into the free agent market.
Pro Football Talk reported that Green Bay is the favorite to sign running back Steven Jackson. Take that for what it’s worth, as it could simply be Jackson’s agent trying to drive up his client’s price tag. Personally, I’d be surprised if the Packers are willing to match the 30-year-old running back’s financial demands.