Home Trades & Signings Peppers Signs Franchise Tender

NCAA Football News

Interviews

Articles & Opinion

Peppers Signs Franchise Tender PDF Print E-mail
Trades & Signings
Written by Evan Nuckles   
Thursday, 25 June 2009 04:15
Julius PeppersNFL.com is reporting that Carolina Panthers defensive end Julius Peppers signed a one-year, $16.7 million franchise tender Wednesday, five months after the four-time Pro Bowler requested a trade. Peppers, who is the team’s all-time sacks leader, should be present for the start of training camp in August.

Following the Panthers January playoff loss to the Arizona Cardinals, Peppers insisted that he would never sign a long-term contract with the Panthers and pleaded for them to not place the restrictive franchise tag on him, which the team did anyway. The Panthers had to give Peppers a contract that would pay him more than $1 million per game, but any team interested in signing him would need to give up two first-round draft picks. This situation has limited the number of teams willing to make a deal to acquire Peppers.

Peppers initially refused to sign the tender or attend off-season mini-camps and optional workouts, but is now willing to sign with the Panthers after realizing his options are limited.

In addition to the $16.7 million in guaranteed money, Peppers could earn $1.5 million if he makes the Pro Bowl along with $250,000 for each playoff win, giving him one of the highest one-year contracts in the history of the NFL.

The 6-foot-7, 283 lbs Peppers was the No. 2 overall pick in the 2002 draft out of North Carolina, and recorded a career-high 14.5 sacks in 2008. That followed a sub-par 2007 season when Peppers had only 2.5 sacks and the team did not make the playoffs.


MORE NEWS ACROSS THE BUSINESS OF SPORTS NETWORK

(THE BIZ OF BASEBALL)

(THE BIZ OF HOCKEY)

(THE BIZ OF BASKETBALL)

Comments (0)add
This content has been locked. You can no longer post any comments.

busy
 
 
Banner
Fri., 2/26 - KMOX 1120 AM, St. Louis (8:20pm ET - 5:20pm PT) - Maury Brown on MLB record revenues, revenue-sharing, and Pujols contract talk