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Keeping The Restricted Free Agents

Here's the best guess as to what GM Ted Thompson will do with his restricted free agents:

An NFL source said the Packers will place the second-round tender of $1.47 million on Cole, meaning they'll get a second-round pick if another team signs him and they don't match. The best guess is the Packers will put the low tender of $927,000 on Morency, which means they'll get a pick in the round Morency was drafted (third) if another team signs him and they don't match.
It wouldn't hurt if the Packers lost Morency, but keeping Cole is more important since they just traded away DT Corey Williams. Unfortunately Cole is coming off a season-ending injury, and he isn't very good.