GREEN BAY, Wis. (WKBT) -

A messy divorce and complicated relationship is about to end in a heralded reunion.

The Green Bay Packers will retire Brett Favre's No. 4 jersey and induct him into the team's Hall of Fame on Saturday, July 15, 2015.

“It’s more than a dream come true,” Favre said over the phone. “It is time to come back. I think this will be a great event.”

A three-time MVP and 11-time Pro Bowl quarterback, Favre led the Packers to the Super Bowl twice, winning once.

Packers Chairman Emeritus Bob Harlin announced from Green Bay on Monday afternoon that Favre will be the only Packers player inducted into the Packers Hall of Fame in 2015. It will be just the sixth time in Packers history that just one player will be inducted.

Harlin welcomed Favre and his family back to the Packers family.

“It’s great to have old friends home again.”

Favre said he’s honored to play 16 years with the Packers and is humbled to have his name placed among other Packers greats. Favre's name and No. 4 will be unveiled at the north end of the stadium.

Details for the event will come in the near future, as the Packers announced they have formed a committee to work on the details.

“It was like borrowed time playing elsewhere. I played my heart out and I’m proud of that. I’m a Packer, I’ll always be a Packer and I’m honored to have been able to do that.”

Favre is eligible to be inducted into the NFL Hall of Fame in 2016.