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Does anyone know the Panthers current cap situation?

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Bobs My Uncle, Mar 17, 2009.

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  1. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    I'm just wondering how much of a detriment having to carry Peppers' almost $17 million cap charge is on them?

    I'm wondering how motivated they would be to rid themselves of Peppers. Would they rescind the tag for example?
     
  2. Pats726

    Pats726 Veteran Starter w/Big Long Term Deal

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    From what Dale...Holley others have said today..the Panthers are against the cap pretty tight..meaning they do need to unload him..OR basically stay put
     
  3. MassPats38

    MassPats38 PatsFans.com Supporter PatsFans.com Supporter

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    #87 Jersey

    As of March 5th, they were supposedly $8.3 million under the cap.
     
  4. patsfanofNC12

    patsfanofNC12 Rotational Player and Threatening Starter's Job

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    Bad, they have hardly any room with Peppers current deal, and the worse part is that he doesn't want to play for them anymore
     
  5. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    Thanks fellas.

    So we have established that the Panthers aren't in ideal position to wait this out. At least not if they wish to field a competitive team this year.

    One other question. Who are the 4 teams Peppers is rumoured to only be willing to sign a long term deal with?

    NE
    Dallas
    ?
    ?
     
  6. Jimke

    Jimke In the Starting Line-Up

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    An equally important question is where the Patriots come up with

    17 million to accomplish the first stage of the signing? Later this

    figure would diminish if a long term signing followed.
     
  7. patsfanofNC12

    patsfanofNC12 Rotational Player and Threatening Starter's Job

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    They are supposedly still "unnamed" but they aren't supposed to be anywhere near the team New England is and he doesn't feel as comfortable going to them as he does going to the Pats.
     
  8. Robdude

    Robdude Third String But Playing on Special Teams

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    Im am pretty sure I read that the other 2 teams are Redskins & Giants but I do not remember the source. I do know that I read the other teams are all NFC and I know i read one of the Teams are the Redskins, not 100% on the Giants
     
    Last edited: Mar 17, 2009
  9. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    So, does anyone think the Panthers would rescind Peppers tag and free up some very much needed cap room should interest level in trading for him wane?
     
  10. Shockt327

    Shockt327 Rotational Player and Threatening Starter's Job

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    That's not how it would work. The Panthers would sign Peppers to a contract that the Pats agreed upon with Peppers agent. Peppers - now under contract - would be traded to NE.
     
  11. Shockt327

    Shockt327 Rotational Player and Threatening Starter's Job

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    That would be dumb of them. By rescinding the tender they get nothing - not even a comp pick. In that senario, why not just take what you can get? Even if it is just a 2nd rounder.

    Either way, Peppers is in the drivers seat. Sure, he is limited to teams that can offer compensation to Carolina. But he is still in control.
     
  12. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    I agree that it seems as though Peppers is in the drivers seat. As such, what if he isn't accommodating to teams contract offerings and is willing to wait the Panthers out so that they have no choice but to let him walk?
     
  13. Shockt327

    Shockt327 Rotational Player and Threatening Starter's Job

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    Who says the Panthers have "no choice" but to let him walk?

    I could just as easily flip it around and ask: who says the Panthers aren't willing to deny a trade so that Peppers has "no choice" but to return to Carolina for 2009.

    Isn't that what Asante did in 2007? He held out. The Pats called his bluff. He came back for the year.
     
  14. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    They could I suppose but the reason why I asked about the Panthers cap situation was to determine if that possibility was likely. Given that they are seemingly cap crippled at the moment, as a result of keeping Peppers' almost $17M on the books, they might not be so willing to continue on. Not if it means they lose out on signing/keeping other players that they might wish to add/keep.

    Meanwhile Peppers can sit back and wait knowing that he's got almost $17M coming to him if the Panthers don't blink.
     
  15. spacecrime

    spacecrime Veteran Starter w/Big Long Term Deal

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    Why did someone rate this a one-star thread?

    It is a good thread, legitimate topic, interesting discussion.
     
  16. Patsrock

    Patsrock Rotational Player and Threatening Starter's Job

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    I am so sick of reading this type. The Panthers would never ever do that, they can't. The reason ANY BONUS would be immediately added on to the Panthers cap. The real way it goes Peppers signs the tag and then is traded, the team who gets him the signs him to a new deal.
     
  17. solman

    solman Rotational Player and Threatening Starter's Job

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    Can somebody remind me how we know that they would forfeit the comp pick?

    Is it in the CBA?

    Or has this happened before and the team involved failed to get a compensatory pick?

    It doesn't make much sense to me that a team should lose its comp pick because the player refused to sign the tender.
     
  18. Bobs My Uncle

    Bobs My Uncle PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    I'm still wondering who is with me that thinks the Panthers might well end up having to rescind the tag when all is said and done?

    I just wonder how many teams realistically have a shot at meeting not just the Panthers trade demands but also Peppers preferred team and salary demands? Yes, I know that Carolina could trade Peppers to any team for any pick so long as that team is willing/able to absorb the tag amount of $17M but how many teams will want to pay that amount of money and give up a pick for what would be an obviously disgruntled Julius Peppers? It's not like the Cassel case where he was tickled pink just to have hit the lottery. I would think not many teams would be interested so the longer this plays out the worse it'll be on the cap strapped Panthers who can't even go about assembling a team next year because they are carrying almost $17M of cap charge for a player that they aren't even planning on having on the team next year!

    I think Peppers and his agent might well be working towards waiting the Panthers out on this one believing that the Panthers will have no choice (if they wish to be active signing needed players) but to remove the tag.

    At least if Carrucci's info is correct, the Pats and Peppers' have mutual interest in each other and have presumably talked numbers such that they can quickly swoop in should it happen as such.
     
  19. Mintal

    Mintal Rookie

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    Panthers fan here. Let me start by saying that yes, we are bumping the ceiling on the cap, so we could use some relief. That relief would be there without Peppers. That being said, the Panthers are fully committed to keeping Peppers unless a good trade appears. That 2nd rounder is not a good trade, they won't move on that, they value him too much. Throw in that 23 pick and we're talkin'.

    Most of the fans are ready to throw him out for a jar of mayo, but they're thinking emotionally and the team is not doing that. They'll release another player/restructure some contracts to get the money they need before they will let Peppers go below his value.

    Peppers doesn't want to be there, but he'll play. At 29 it would be career suicide to sit out...
     
    Last edited: Mar 18, 2009
  20. solman

    solman Rotational Player and Threatening Starter's Job

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    Count me in. $16.7M is a breathtaking amount to pay for a player for just one year who doesn't even want to play for your team. The Panthers are strong enough financially that they can decide to do this. But if the Patriots were in an identical situation, I'd just be hoping to maximize our trade compensation.

    Of course the Panthers are going to say they intend to keep Peppers. Even a hint that they intend to rescind the tender would instantly destroy most of Peppers' trade value.

    I agree with the Panthers fan that Peppers will sign his tender. But he'll probably wait until close to the regular season to do so. And it won't be a fun ride for the Panther's management or fans until he does.
     
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