The Green Bay Packers will be releasing veteran defensive back Charles Woodson.

The original report came from ESPN's NFL Insider Adam Schefter who spoke with a source familiar with the situation.

His agent spoke to NFL.com about the situation and why it was going to be occurring.

"They're getting ready to release him. It's part of the business," Poston said. "I just talked to him. He sounds like he has a lot of football left. He'd like to play for a contender, win another Super Bowl."

If you recall, Woodson was the 2009 NFL Defensive Player of the Year, and the 36-year-old  was set to make $9 million in 2013 and would count for $10 million against the Packers' salary cap.

He has been in the league for 15 seasons playing his first eight with the Oakland Raiders and the last seven with the Green Bay Packers.

In 2012, Woodson missed nine games because of a broken collarbone before returning for the playoffs, in which the team moved him from cornerback to safety last season because of diminishing cover skills.

In 206 career NFL games, Woodson has registered 55 interceptions and 17 sacks.