The Packers are in line to re-sign Davis, Rob Demovsky of ESPN.com reports.
Davis (knee) has officially been placed on the Packers' injured reserve, Matt Schneidman of The Athletic reports.
Davis suffered a torn ACL in Friday's preseason win over the Bengals, Tom Pelissero of NFL Network reports.
The Packers re-signed Davis on Wednesday, the team announced.
Davis failed to secure his lone target while playing nine of the Packers' 49 snaps on offense in Sunday's 40-33 loss to the Eagles.
Davis was targeted twice and caught two passes for 26 yards in Sunday's victory over the Buccaneers.
Davis was targeted once, caught one pass for seven yards and lost a fumble in Friday's exhibition contest against the Saints.
Davis was targeted twice but did not catch a pass in Friday's preseason game against the 49ers.
Davis was targeted five times and caught four passes for 35 yards over 14 appearances in the 2021 season.
Davis (illness) was activated off the reserve/COVID-19 list Saturday.