A method for Ethernet packet load balancing includes receiving a transmit packet for transmission on an Ethernet network. An offload adapter identifies a least busy port from a plurality of ports indicated in a port list, based on a byte count associated with each of the plurality of ports. The offload adapter determines whether the identified least busy port is in a working status. In the event an identified least busy port is in a working status, the offload adapter assigns the transmit packet to the identified least busy port and increments the byte count associated with the identified least busy port. In the event an identified least busy port is not in a working status, the offload adapter updates the port list and, based on a determination that there are additional working ports, assigns the transmit packet to one of the additional working ports.