Despite tearfully announcing his retirement from the Green Bay Packers this month, Brett Favre has not filed his retirement papers with the league.

That doesn’t mean he’s planning to play this year (at least, we don’t think it means he’s planning to play this year), but it does mean that the $11.4 million Favre was scheduled to make is, for now, counting toward the Packers’ 2008 salary cap.  But the Packers don’t seem concerned about that.

We don’t need the cap room,” General Manager Ted Thompson told the Milwaukee Journal-Sentinel.

The Packers have more than $20 million in cap space available, meaning that even if they were to make a surprisingly big deal with one of the few free agents remaining around the league, they’d still have enough space to sign their draft picks even if Favre doesn’t officially come off their books until the summer.

If Favre does come off the books soon, the Packers could move ahead of Tampa Bay for the league lead in cap space available. That’s a sign that the team has managed its cap well, although some fans may wonder if it’s also a sign that the team hasn’t been aggressive enough in signing players for the post-Favre era.