Peppers Signs Franchise Tender

[PatsFans.com Article]

Ian's Daily Blog - This should end*any further talk of Julius Peppers being a possible candidate*for*playing here in*New England.The Panthers official site*reported Wednesday afternoon that Julius Peppers signed his franchise tender, ending months of speculation of a trade.* Peppers had been rumored to have been headed to New England, which later ended up being untrue.* By signing the tender [...]

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[DaBruinz]

Ian's Daily Blog - This should end*any further talk of Julius Peppers being a possible candidate*for*playing here in*New England.The Panthers official site*reported Wednesday afternoon that Julius Peppers signed his franchise tender, ending months of speculation of a trade.* Peppers had been rumored to have been headed to New England, which later ended up being untrue.* By signing the tender [...]

Click Here To Read This Blog Entry​

Why would Pepper's signing the franchise tender END the speculation of him coming here? If anything, it opens the door up for him to be traded since there is, typically, no signing bonus involved. Now, if he signed a different one year deal with a signing bonus, then he won't be traded.

 

[Rob0729]

Why would Pepper's signing the franchise tender END the speculation of him coming here? If anything, it opens the door up for him to be traded since there is, typically, no signing bonus involved. Now, if he signed a different one year deal with a signing bonus, then he won't be traded.

Yeah, it is funny that people have been saying that if Peppers wants to be a Patriots, he should sign his tender and now that he has it will actually end the talk. In reality, him signing his tender had little bearing on getting a trade done as long has he didn't block the Panthers from talking to teams, but now he can get traded without his permission. Granted in that case, he wouldn't be coming to the Pats. But there are plenty of teams that could fit his tender offer under the cap and if they they thought that they were a Julius Peppers away from a Super Bowl, they might trade for him now.

 

[Feep50]

Why would Pepper's signing the franchise tender END the speculation of him coming here? If anything, it opens the door up for him to be traded since there is, typically, no signing bonus involved. Now, if he signed a different one year deal with a signing bonus, then he won't be traded.

Eggs-zack-lee.... This doesn't close the door, it's enables a trade. Now, it remains to seen IF the Patriots try to swing a deal for him.... That's a separate matter. But for all Peppers devotee's this is the only path to becoming a Patriot.

 

[PATSYLICIOUS]

Well that makes it official: Peppers to NE. Get ready should be announced by tomorrow noon

 

[ctpatsfan77]

Well that makes it official: Peppers to NE. Get ready should be announced by tomorrow noon

Yeah, because Peppers is going to sign a 2-year, $5M deal. . . .

 

[Jimke]

Eggs-zack-lee.... This doesn't close the door, it's enables a trade. Now, it remains to seen IF the Patriots try to swing a deal for him.... That's a separate matter. But for all Peppers devotee's this is the only path to becoming a Patriot.

All the Patriots have to do to obtain Peppers is offer Carolina our 2010

first round draft pick and their choice of one of our 2009 #2 picks.

All the Patriots have to do to sign Peppers is offer him a seven year

100 million dollar contract with 41 million guaranteed. No trouble cutting

veterans or restructuring contracts to obtain this kind of money.

 

[glm]

Well that makes it official: Peppers to NE. Get ready should be announced by tomorrow noon

If this actually happens then I will personally track you down, find you, and have unprotected, dirty, wild sex with you.

 

[DaBruinz]

Yeah, because Peppers is going to sign a 2-year, $5M deal. . . .

Why do people insist on throwing out this sort of BS? It doesn't do ANYTHING for the conversation and just makes you look silly.

The Patriots could easily sign Peppers to a 5 year deal with a 2 tiered signing bonus that could easily fit him in the cap space they have right now. Never mind the fact that trading Green frees up 3+ million in cap space and trading Woods frees up another 2 million.

 

[DaBruinz]

All the Patriots have to do to obtain Peppers is offer Carolina our 2010

first round draft pick and their choice of one of our 2009 #2 picks.

All the Patriots have to do to sign Peppers is offer him a seven year

100 million dollar contract with 41 million guaranteed. No trouble cutting

veterans or restructuring contracts to obtain this kind of money.

Could you please attach the link where Peppers is quoted as saying he wants Haynesworth money?

 

[ctpatsfan77]

Why do people insist on throwing out this sort of BS? It doesn't do ANYTHING for the conversation and just makes you look silly.

The Patriots could easily sign Peppers to a 5 year deal with a 2 tiered signing bonus that could easily fit him in the cap space they have right now. Never mind the fact that trading Green frees up 3+ million in cap space and trading Woods frees up another 2 million.

Yeah, I'm being somewhat flippant, but is it worth signing Peppers if it means risking/guaranteeing the Pats lose Wilfork and/or Seymour next year?

There's the 30 percent rule that limits salaries, and the fact that any 2010 bonus paid before the regular season starts counts as a 2009 signing bonus.

There's also the fact that the Patriots will need an extra $1.5M of their cap space before training camp starts to sign all their rookies.

 

[DaBruinz]

Yeah, I'm being somewhat flippant, but is it worth signing Peppers if it means risking/guaranteeing the Pats lose Wilfork and/or Seymour next year?

Until they are signed to extensions, you can guarantee them being gone next year. It saves on the stomach aches. But you also have to realize that the Patriots will be getting compensation for them. And the Patriots will be allowed to sign someone of equal value (based on the last year of the CBA and the Pats making it to the Conference finals).

There's the 30 percent rule that limits salaries, and the fact that any 2010 bonus paid before the regular season starts counts as a 2009 signing bonus.

You don't understand how a 2 tiered bonus works, do you? The 2nd bonus wouldn't be paid until after the 2009 season. So, it would be during the 2010 season and not count in 2009.

There's also the fact that the Patriots will need an extra $1.5M of their cap space before training camp starts to sign all their rookies.

The Patriots are currently 5.7 million under the cap. Even if they signed all their rookies, they'd still be UNDER the cap. In fact, thanks to the rookie minimum, none of their salaries would count against the cap. Only their signing bonus amortizations would count. And their signing bonus amortizations aren't going to eat up 5.7 million in cap space. So, I don't see where you get that the Pats would need an ADDITIONAL 1.5 million in cap space to what they already have.

 

[ctpatsfan77]

You don't understand how a 2 tiered bonus works, do you? The 2nd bonus wouldn't be paid until after the 2009 season. So, it would be during the 2010 season and not count in 2009.

"Amounts Treated as Signing Bonuses. For purposes of determining Team Salary under the foregoing, the term “signing bonus” shall include: . . .
In a Player Contract, or any renegotiation or extension of a Player Contract, that is executed in the Final Capped Year, each of the following, if it is to be earned or paid to the player in the Final League Year (which is an Uncapped Year): (a) any Salary advance which the player is not and cannot be obligated to repay; (b) any off-season workout bonus that is contingent upon the player’s participation in less than 32 days of the Club’s off-season workout program; (c) any off-season roster bonus; and (d) any off-season reporting bonus;"

The system is specifically designed to prevent a scenario where, e.g., a team "defers" $20M as a 2010 roster bonus.

The Patriots are currently 5.7 million under the cap. Even if they signed all their rookies, they'd still be UNDER the cap. In fact, thanks to the rookie minimum, none of their salaries would count against the cap. Only their signing bonus amortizations would count. And their signing bonus amortizations aren't going to eat up 5.7 million in cap space. So, I don't see where you get that the Pats would need an ADDITIONAL 1.5 million in cap space to what they already have.

As I explained in another post, that $1.5M is the difference between the cost of signing all the rookies and the money that would be saved by the players displaced off the top 51 (though it becomes top 53 when the season starts, plus the team needs reserves to deal with injuries).

In other words, just because the Patriots are $5.7M under the cap, that doesn't mean they have $5.7M available to sign Peppers.

One other point, come to think of it—exactly how much is Peppers worth to the Patriots, given that they'll also have to give Carolina draft picks for him? [Who knows, perhaps Belichick was hoping that Carolina would just drop the tag.]