The Packers have completed their offseason program but have yet to bring Aaron Rodgers back into the fold. Followers of this year’s top NFL storyline can expect to wait a while longer for an end to this impasse.

Rodgers officially became a minicamp holdout last week, incurring more than $93K in fines from missing Green Bay’s mandatory June workouts. Nothing that has surfaced this offseason points to Rodgers budging ahead of training camp, and the Packers appear prepared to wait on more talks until then. No resolution between the parties should be expected ahead of Green Bay’s training camp, Ian Rapoport of NFL.com notes (video link).

Like most teams, Green Bay is scheduled to begin its training camp July 27. The Rodgers holding pattern lasting until then would further drive speculation the reigning MVP will stick to his guns and never play for the Packers again. Team president Mark Murphy made multiple comments over the past month that certainly did not help the situation with the disgruntled superstar, indicating this standoff has divided the Packers’ fan base. He also quoted the late Ted Thompson by calling Rodgers a “complicated fella” last week. The idea that the Packers are bracing for Rodgers’ departure has surfaced around the league, John Clayton of 104.3 The Fan Denver notes.

Rodgers’ latest salvo came during an interview to promote his upcoming appearance on TNT’s The Match. The three-time MVP’s “I’m Offended” T-shirt and his alluding to Matt LaFleur‘s decision not to go for it on the Packers’ crucial fourth-and-goal try late in the NFC championship game came after Murphy’s comments (via Bleacher Report, on Twitter). Rodgers’ one-liner also came a few weeks after he said philosophical differences between he and Packers management created this divide.

Training camp will represent this duel’s next phase. The Packers can fine Rodgers $50K for each day he misses. While this holdout is not believed to involve money, the Packers’ last-ditch hope may be a bet Rodgers will be unwilling to sit out one of his final prime years. The franchise could take this feud the distance by refusing to trade Rodgers and then unloading him in 2022, when Mike Florio of Pro Football Talk writes teams beyond the Broncos and Raiders may be interested. Rodgers’ value could go up if more teams enter the fray in 2022, but a trade for a 38-year-old quarterback who just missed a full season may also feature reduced compensation compared to what the Packers could receive by dealing him on the heels of an MVP season. It is hard see the Raiders not joining the Broncos in a Rodgers derby this year, were one to take place, but they are not presently believed to be interested.

The longer the Packers wait would also cut into time Rodgers would have to learn another team’s offense, but trade talks are not believed to have taken place in several weeks. This situation may pause for the next five.

As expected, Aaron Rodgers did not report for the start of Packers’ minicamp on Tuesday. He’s now officially holding out as the saga continues between him and the Brian Gutekunst-led front office. 

Rodgers has already passed on $500K of bonuses by missing the team’s voluntary work. Now, he could potentially lose $93K for each day of the three-day minicamp. However, the Packers are thinking about waiving the fines in an effort to smooth things over with their franchise star.

Still, Rodgers’ stance has not changed. The reigning MVP wants to take his talents elsewhere, which would leave 2020 first-round pick Jordan Love or Blake Bortles as the No. 1 QB in Green Bay. Gutekunst, president Mark Murphy, and head coach Matt LaFleur say that won’t happen. So, with that, Rodgers has officially begun his holdout.

It’d be a shock to see Rodgers extend his holdout through Week 1. But, if he does, it’ll be costly. If he stays home all year, the 37-year-old will forfeit his $14.7MM salary, $6.8MM roster bonus, and be forced to refund $23MM of his signing bonus.

None of the Packers’ offseason overtures to Aaron Rodgers have swayed the reigning MVP. He is not expected to attend the team’s minicamp this week, Adam Schefter of ESPN.com tweets.

This certainly is not a surprise, and fines for Rodgers will not eclipse $100K. The Packers have discussed classifying Rodgers’ minicamp absence as excused, which would waive the five-figure fine he would otherwise incur. Rodgers has already passed up a chance to collect a $500K workout bonus, making a fine in the $93K range rather paltry. The Packers begin their three-day minicamp Tuesday.

The future Hall of Fame quarterback has told teammates he no longer wants to play for the Packers. While this standoff became known just before the draft, Rodgers has been unhappy with the team throughout the offseason. Packers president Mark Murphy, GM Brian Gutekunst and HC Matt LaFleur each made multiple plane trips to meet with Rodgers — in an effort to diffuse this situation and steer back to Green Bay — but the 13-year Packers QB1 has not budged.

Although the Packers drafted Jordan Love in 2020, Rodgers remains Green Bay’s no-doubt preference to start in 2021. He has said on multiple occasions this offseason his 2020 MVP season threw a wrench into the Packers’ QB plans. Rodgers said last year the Love pick likely made it unrealistic he would finish his career with the Packers. As Rodgers’ quest to exit Green Bay enters the summer, this minicamp will be the first mandatory Packers activity he will have skipped.

The June 1 date, after which Rodgers’ contract can be more easily moved, has not seemed to affect this stalemate. Gutekunst remains entrenched on his no-trade stance, and his strong-willed quarterback has not moved off his desire to leave. Rodgers’ statement during his late-May interview with Kenny Mayne pointed to discontent with Gutekunst and Murphy, citing philosophical differences, and the team president said recently this saga has divided the team’s fan base.

The Packers still appear confident Rodgers will back down, with a recent report indicating they would trade the 17th-year veteran if they were truly convinced he is set on never playing for the team again. A lucrative trade package — from the Broncos or perhaps a stealth AFC suitor — would certainly come Green Bay’s way in this event. For the time being, however, the standoff persists. Love will have a chance to work with the first-string receivers, who plan to show for minicamp after skipping OTAs, beginning Tuesday. Should Rodgers stick to his guns and wage a training camp holdout, this week would provide a preview for how the Packers’ offense will look come late July.

Aaron Rodgers probably won’t be on hand when the Packers start their mandatory minicamp on Tuesday. As a result, the Packers could fine him ~$93K per day. However, they’re thinking about issuing him an excused absence, which would mean no fines for the star quarterback (Twitter link via ESPN.com’s Adam Schefter).

[RELATED: Packers Say They Won’t Trade Rodgers]

“The situation we face with Aaron Rodgers has divided our fan base,” Packers President/CEO Mark Murphy said earlier this month. “The emails and letters that I’ve received reflect this fact…We remain committed to resolving things with Aaron and want him to be our quarterback in 2021 and beyond. We are working to resolve the situation and realize that the less both sides say publicly, the better.”

Excusing Rodgers from the fines could help to mend fences. The reigning MVP wants to be traded — the Packers say he’s not going anywhere. Rodgers is reportedly willing to stand his ground throughout the summer to get what he wants — especially since he says that the Packers promised to trade him.

Ultimately, the Packers hold the leverage. If the club refuses to deal Rodgers, the 37-year-old passer would miss out on his $14.7MM salary and $6.8MM roster bonus for 2021. He’d also have to pay back $23MM in unearned signing bonus money. If the stalemate continues, the Packers will be left to pick from the still-green Jordan Love and Blake Bortles under center.

It doesn’t sound like the standoff between the Packers and Aaron Rodgers will be ending any time soon. We learned recently that the organization is holding firm on their stance they will not trade their 13-year starting quarterback, and Packers President/CEO Mark Murphy reinforced that sentiment in a column on the team website.

“The situation we face with Aaron Rodgers has divided our fan base,” Murphy wrote. “The emails and letters that I’ve received reflect this fact. As I wrote here last month, we remain committed to resolving things with Aaron and want him to be our quarterback in 2021 and beyond. We are working to resolve the situation and realize that the less both sides say publicly, the better.”

We learned earlier this week that Rodgers is very likely to push his Wisconsin exit strategy into the late summer, with Jason La Canfora of CBS Sports noting some close to the future Hall of Famer insist nothing has changed for him; Rodgers remains adamant he will not return to the Packers. The Packer are hoping they’ll call Rodgers’ bluff, although a a Carson Palmer-style pseudo-retirement has entered the equation.

With Rodgers having rebounded from multiple unremarkable seasons to win his third MVP, the 37-year-old passer has considerable trade value at this point. A realistic trade package is believed to require multiple first-round picks and one or multiple established starters. With or without a quarterback coming back in a trade, the Packers can be expected to land a haul for Rodgers — if they decide to entertain offers.

After not spending much time in front of cameras between his Jeopardy!-hosting stint and the news of his desire to leave Green Bay surfacing, Aaron Rodgers ventured back into the public eye this week. The reigning MVP stopped in for an interview during Kenny Mayne’s final SportsCenter and surfaced in Instagram vacation photos with fiancée Shailene Woodley and Miles Teller.

In roundabout fashion, Rodgers affirmed his discontent with Packers management. But the Packers are not changing their tune. They are holding firm on their stance they will not trade their 13-year starting quarterback, Mike Florio of Pro Football Talk notes.

While this saga has generated a few weeks’ worth of rumors, since Rodgers’ wish to be traded became known just before the draft, Packers power brokers have attempted to break through with him for months now. Those efforts have been unsuccessful. Usually a participant in Green Bay OTAs, Rodgers obviously is not in Wisconsin this week. Packers minicamp looms June 8; it would be surprising if Rodgers showed for that. Training camp will provide a better view of how entrenched the future Hall of Famer is here.

The case for the Packers hanging onto Rodgers is fairly simple. The 37-year-old superstar keeps them on the Super Bowl contender tier, and despite most modern first-round QBs entering Year 2 as starters, Jordan Love is viewed as a player perhaps not quite ready for such a jump.

The Packers have the threat of forcing Rodgers to sit out what could well be one of his final prime seasons. Skipping the season would cost Rodgers his $14.7MM 2021 base salary, a $6.8MM ’21 roster bonus, a portion of his previously paid signing bonus and a notable collection of training camp absence fines. Rodgers has not hinted this rift concerns finances, however, and has earned hundreds of millions from Packers contracts and endorsement deals as a pro. He has been known to hold a grudge or two as well.

Trading Rodgers would hurt the Packers financially, even after June 1. They would have a $38.4MM dead-money hit spread out through 2022. Dealing the quarterback next year would lessen the dead-cap hit. Though, the Packers would still be tagged with an eight-figure penalty. A 2022 trade — ahead of Rodgers’ age-39 season — may involve inferior trade proposals compared to the ones that would come Green Bay’s way this year. Offers including multiple first-round picks and established starters have been mentioned as the likely starting point, with the Broncos being the team most closely connected to a potential pursuit.

The prospect of an unhappy Rodgers returning to play this season would certainly make for an awkward environment at the Packers facility, but ahead of that pivotal June 1 date, that scenario still appears to be the team’s goal.