Posted by ESPN.com's Kevin Seifert
GREEN BAY, Wis. -- NFL commissioner Roger Goodell has delayed action on retired quarterback Brett Favre's reinstatement request in order to give both him and the Green Bay Packers "an appropriate amount of time to make decisions," according to a statement released by the league Wednesday.
The delay, combined with news of an all-day meeting between Green Bay Packers president Mark Murphy and agent James "Bus" Cook, has raised some hope of a pending resolution to the months-long standoff between Favre and the team. Favre participated in a portion of the meeting but left around 12:30 p.m. CT.
According to media reports in Mississippi, Cook and Murphy were still meeting as of mid-afternoon.
At this point, it's not clear how much common ground the sides will find but we'll keep you updated as more information becomes available. The Packers' primary goal is to avoid the circus atmosphere that would follow if Favre reported to training camp this week.