An NFL source confirmed both moves, which were reported first by ESPN's Adam Schefter.
The Packers announced the move Tuesday, a day before teams can begin to sign free agents. "Jordy will always be a member of the Packers family and we look forward to his eventual induction into the Packers Hall of Fame". Teams can now contact the representation of pending free agents.
Nelson would immediately slot in as Seattle's number two receiving option and would benefit tremendously from having Russell Wilson as his quarterback, as opposed to Brett Hundley who was his primary QB previous year in Rodgers' absence. Not only can we imagine him back catching passes from Drew Brees, we now have Aaron Rodgers in the mix.
NFL Network's Mike Garofolo says, however, Green Bay wants Graham to be a Packer.
The tight end position with the Packers has been one of a lack of productivity, particularly in 2017 with the combination of Martellus Bennett, Lance Kendricks and Richard Rodgers. The 6-foot-7, 265-pound Graham would fit the bill. Releasing Nelson may not be a permanent move, however.
While Graham's production dipped with the number of receptions and receiving yards during his tenure with the Seahawks, he still managed to be named to two Pro Bowl teams in the last three seasons. All six of those TDs came before Rodgers' Oct. 15 injury.
Speaking at the National Football League scouting combine in Indianapolis last month, Gutekunst didn't sound as if he meant to cut Nelson. "You saw early in the year the impact he had in those games".