Packers waive 2011 first-round pick Derek Sherrod

The Packers appear to be parting ways with one of their former No. 1 picks. According to the NFL’s Monday transactions, the club has waived reserve offensive tackle Derek Sherrod, the No. 32 overall selection in the 2011 NFL Draft. The 25-year-old Sherrod has appeared in just 20 regular season games for Green Bay. In…