Green Bay made two trades on Sunday, turning a backup quarterback into future draft capital and adding a tight end, but the roster move that matters most is the one involving Josh Jacobs.
The Packers sent Kyle McCord to Miami for a 2028 sixth-round pick. McCord was the odd man out in the quarterback room, and cashing him in for a draft asset is exactly what a smart front office does with a player who won't see the field. Then Green Bay traded a 2028 seventh-round pick to the Rams for tight end Mark Redman. Redman adds depth at a position where the Packers needed another option. That's a minor flip, but it fills a roster hole.
The Jacobs news carries real weight. The commissioner exempt list means Jacobs can't practice or play while the league reviews his situation. There's no timeline, and that puts the Packers' offense in a bind. Jacobs is their lead running back. Without him, Green Bay's ground game loses its primary weapon, and the team's game plan for Week 1 is now in question.
For fantasy managers, this is a brutal development. Anyone who drafted Jacobs as an RB1 is suddenly holding a player who might not suit up for a while. The Packers will turn to a committee in the backfield, and the value there is unclear. If Jacobs misses significant time, Green Bay likely needs to add a veteran runner. The extra picks help the future, not the present.
McCord's trade is clean. Redman's addition is minor. Jacobs' status is the story that could define the Packers' early season, and right now it doesn't look good.