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February 10, 2010

Peppers NFL's third-highest paid in '09, according to players' association figures

Panthers defensive end Julius Peppers was the NFL's third-highest paid player during the 2009 season, according to salary information released last week by the NFL Players Association.

The union provided the amount of minimum tenders for 2010 franchise and transition players, which are based on an average of the top five and 10 salaries from '09, respectively, for players at each position.

According to the collective bargaining agreement, the salary totals used to determine the tender amounts are derived from players' base salaries, pro-rated signing bonus amounts. and roster and reporting bonuses, but do not include performance bonuses.

Thus, Peppers' salary was listed at $16.683 million, the amount of his base salary based on the franchise tender he was given last year, which was required to be 120% of his 2008 salary because that was greater than the average of the top five highest paid defensive ends for '08.

Peppers' '09 salary for the purposes of establishing the 2010 franchise amounts did not include his Pro Bowl performance bonus of $1.5 million.

Peppers' $16.683 million ranked third in '09 behind only quarterbacks Peyton Manning of Indianapolis ($21,199,998) and Donovan McNabb of Philadelphia ($16,704,170).

Starting tomorrow, the Panthers will have a two-week window in which to exercise the franchise tag on Peppers again. They would be required to pay him $20,019,600, 120% of his '09 tender. That amount is more than $7.6 million greater than the basic franchise tender due defensive ends of $12,398,000, based on the top five highest paid players at the position in '09.

Franchising Peppers would allow the Panthers to either keep him or negotiate a trade with another team. If they don't franchise him, he'd become an unrestricted free agent March 5 and Carolina would receive no compensation from his future team for his loss.

Peppers and his agent, Carl Carey, have said the Panthers have not communicated with them about the team's plans and haven't attempted to negotiate a long-term contract extension.

Here are the top 10 salaries for '09, based on the NFLPA's release:

1. Peyton Manning, Indianapolis, QB, $21,199,998

2. Donovan McNabbb, Philadelphia, QB, $16,704,170

3.  Julius Peppers, Carolina, DE, $16,683,000

4. Matt Cassel, Kansas City, QB, $15,200,000

5. Tom Brady, New England, QB, $14,620,000

6. Jared Allen, Minnesota, DE, $14,533,344

7. Carson Palmer, Cincinnati, QB, $14,300,000

8. JaMarcus Russell, Oakland, QB, $13,611,455

9. Joe Staley, San Francisco, OT, $13,520,000

10. Ben Roethlisberger, Pittsburgh, QB, $13,220,000

-- Charles Chandler

Posted by Observer Sports on February 10, 2010 at 09:54 AM | Permalink

Comments

Sign him. The Panthers NEED him. Alot of the true fans WANT him. I cant' see him wreak havoc with another team. I especially can't see him do it to the franchise I love. Bring him back!!!

Posted by: Al | Feb 10, 2010 10:16:55 AM

Wow, no wonder he feels so dis-respected!

Take your money and shut up Julius. If they took into account how often these guys play like they give a crap, Peppers would be shown as the biggest thief in American history.

Posted by: TP | Feb 10, 2010 10:19:29 AM

Can't let him go for nothing!

Posted by: panthers24 | Feb 10, 2010 10:29:56 AM

Assuming he gets appx 1mm per game, I figure he owes us about 12mm back. Pay him the 4mm for the 4 meaningless games in which he actually put out some effort, and I stress "some".

Cut bait and move on, we'll never get anything for him cause the entire league knows he's overpaid and overrated.

Posted by: PanamaRed | Feb 10, 2010 10:52:12 AM

Funny that I don't remember any articles concerning Peyton Manning or Donovan McNabb that pointed out they were making more than a million dollars a game. Yet, that seemed to be the one identifying trait used in every single Observer article about Peppers.

Posted by: CW | Feb 10, 2010 10:54:21 AM

If you haven't seent he articles, then you are not well-read.

Posted by: PanamaRed | Feb 10, 2010 10:59:12 AM

"If they don't franchise him, he'd become an unrestricted free agent March 5 and Carolina would receive no compensation from his future team for his loss"

Ahm... who says he can't become unrestricted and then sign a new contract here? From the team's standpoint, that approach MAKES THE MOST SENSE. If you franchise him-- again-- it's only for one year and you're right back in the same boat next year. So you determine what his market value is first.

Who out there is gonna pay a defensive end Peyton Manning money? Dallas? One of the California teams? Giants? Miami? Let's wait and see what we're competing against.

Also, consider the opportunity costs... There are 53 men on the roster, but for the previous season one guy has accounted for 14% of your salary cap. Does it make sense to pay that guy even more? What else might you do with all that money?

Posted by: banks | Feb 10, 2010 11:20:06 AM

Trade him for McNabb

Posted by: jp | Feb 10, 2010 12:20:19 PM

It sort of sucks that we might lose Pep and gain nothing in return. BUT the bottom line is that the Panthers will free up $20m, with which they can buy 3 or 4 VERY good free agents. Julius is not worth nearly as much as he has deluded himself into thinking. (is it his agent that keeps blowing this smoke up his derriere?) He can dream on about being the highest paid defensive player in the league. That won't happen. Has anyone heard about any other teams salivating at the thought?

Posted by: Ron | Feb 10, 2010 12:28:41 PM

CW, I believe Peyton Manning IS worth a million a game. Donovan? questionable :). And one final thought, fairly close to half of the players on that top ten list would be questionable. If I were a GM, I'd have to question paying ANYBODY that amount of money since the odds are it ain't gonna work out.

Posted by: Ron | Feb 10, 2010 12:32:21 PM

I say "don't let the door hit him where the good Lord split him"!! I'm so tired of hearing about Julius Peppers! He's terribly overrated! If I were the players in positions 4-10, I'd be re-negotiating my contract. Because more than half of them play WAY better football than this cry baby! "boo hoo, no one is talking to me" How does it feel, Pep, when it happens to you? Remember your childish standoff last year?

Posted by: Diane | Feb 10, 2010 12:34:21 PM

What do all of these guys have in common? Not one of them played on the Saints who won the Super Bowl. Think about it.

Posted by: mclifford | Feb 10, 2010 1:03:06 PM

With no salary cap in place next year, it's really up to the owner to decide how much he wants to/ can spend on salaries.

If he decides that it is financially feasible to exceed this year's cap by a large amount, it makes sense to franchise Peppers.

Unlike last year when a cap was in place, Peppers' salary this year will not keep them from signing free agents.

Without a cap, they wouldn't lose a long-snapper like last year and they could conceivably sign a top-tier player at any of their weak positions (receiver, quarterback).

From what I understand about Mr. Richardson, however, he is not interested in breaking the bank with players' salaries in this labor environment.

Personally, I see the wisdom in placing the franchise tag on Peppers and letting him play another year. He just turned 30 which makes me wonder if the Panthers haven't already gotten the most of his talent. (I'll leave the debate of whether that's true or not to those wiser than me.) Anyway, to me a long-term contract with a ton of guaranteed money doesn't seem smart to me. But I guess $20+ million IS a ton of guaranteed money. So what do I know.

I would also wonder what the implications of long-term contracts that are signed this year would be if a salary cap comes back in the 2012 season.

Any ideas on that one, Mr. Chandler?

Posted by: james b | Feb 10, 2010 1:06:13 PM

With no salary cap in place next year, it's really up to the owner to decide how much he wants to/ can spend on salaries.

If he decides that it is financially feasible to exceed this year's cap by a large amount, it makes sense to franchise Peppers.

Unlike last year when a cap was in place, Peppers' salary this year will not keep them from signing free agents.

Without a cap, they wouldn't lose a long-snapper like last year and they could conceivably sign a top-tier player at any of their weak positions (receiver, quarterback).

From what I understand about Mr. Richardson, however, he is not interested in breaking the bank with players' salaries in this labor environment.

Personally, I see the wisdom in placing the franchise tag on Peppers and letting him play another year. He just turned 30 which makes me wonder if the Panthers haven't already gotten the most of his talent. (I'll leave the debate of whether that's true or not to those wiser than me.) Anyway, to me a long-term contract with a ton of guaranteed money doesn't seem smart to me. But I guess $20+ million IS a ton of guaranteed money. So what do I know.

I would also wonder what the implications of long-term contracts that are signed this year would be if a salary cap comes back in the 2012 season.

Any ideas on that one, Mr. Chandler?

Posted by: james b | Feb 10, 2010 1:06:13 PM

Not sure why that posted twice. But my apologies.

Posted by: james b | Feb 10, 2010 1:19:00 PM

You stay classy Julius Peppers.

Posted by: ChunkyLover519 | Feb 10, 2010 1:35:51 PM

There IS a salary cap for the coming season, but not the following one unless they reach a new agreement.

Posted by: Ron | Feb 10, 2010 2:27:47 PM

Trade him for McNabb

Posted by: jp | Feb 10, 2010 12:20:19 PM

hmmm that is actually very interesting... i AGREE... that should be done!!!

we get a QB we need ... Philly gets rid of the guy they love to hate and get a good DE in the process. tehy cost about the same ... oh but to seal the deal Philly needs to accept Jake as the backup to Kolb/Vick as well....

Posted by: Dave | Feb 10, 2010 3:19:35 PM

Sorry, Ron, but you're wrong. Unless there is a new CBA signed by March 5, the 2010 season will be an uncapped year.

http://www.bloggingtheboys.com/2010/1/23/1266479/nfl-fact-sheet-2010-and-the

The Commissioner himself says that there is almost no chance of a new CBA being in place by then:

http://blogs.nfl.com/2010/01/31/goodell-says-uncapped-2010-season-is-virtually-certain/

Not only that there are some significant restrictions on player movement (final 8 teams can't sign FAs without losing a player of equal value, 6 instead of 4 years are needed for a player to have unrestricted freedom, plus more).

Charles can probably give a more detailed analysis of what the restrictions are and who on the Panthers they will affect.

Unless a new CBA is signed and in place by March 2011, there will probably be a lockout by the owners. Talk about killing the goose that lays the platinum egg. I can't imagine the stupidity that would bring that about.

In other words, enjoy the 2010 NFL season (Dan Snyder and Jerry Jones are sure to open their checkbooks and buy some big name players) because 2011 may not happen.

Which, I think, leaves the Panthers with a very interesting decision to make. Signing Peppers for 2010 will not affect them being able to sign free agents by league rules (i.e. salary cap). The only obstacles will be the size of Mr. Richardson's checkbook and/or his commitment to fiscal sanity.

Peace.

Posted by: james b | Feb 10, 2010 3:23:48 PM

Trade him for Colb and an early (1st rounder, if possible) draft pick.

And Greenpants-- Your love affair with Cowhard is a getting to be pretty disturbing. Get a clue and get with the program already. Haven't you heard, The Buss says he was after the Giants job all along. Why aren't you running with that tidbit?? After all, you're a credible reporter...

Posted by: SYRPIS | Feb 10, 2010 8:32:52 PM

2009 Sack Leaders - pay $1 million per Sack
Peppers only made 10.5 sacks. There are many other top defensive players to trade for.
TACKLES - SACKS
1 Elvis Dumervil DEN OLB 49 - 17.0
2 Jared Allen MIN DE 51 - 14.5
3 Dwight Freeney IND DE 24 - 13.5
3 LaMarr Woodley PIT OLB 62 - 13.5
5 Will Smith NO DE 49 - 13.0
6 Trent Cole PHI DE 57 - 12.5
7 Andre Carter WAS DE 62 - 11.0
7 Brian Orakpo WAS OLB 50 - 11.0
7 DeMarcus Ware DAL OLB 57 - 11.0
10 Julius Peppers CAR DE 42 - 10.5

Posted by: Stephen | Feb 11, 2010 1:33:05 AM

Julius makes a lot of plays other than sacks

Posted by: Al | Feb 11, 2010 7:25:19 AM

did you notice peppers was last in tackles out of that list.the only people i would pay big money to on that salary list are manning and brady. i dont want a q.b. i feel that weve found our man in matt moore.the only thing we need is a #2 wideout .lets cut ties with peppers and sign antonio bryant and aaron kampmann.... championship!

Posted by: ray | Feb 11, 2010 10:59:04 AM

Trade him to the Browns like Chris Mortenson says.

A first for Pep, or a second and third Plus Corey Williams ect. That'll show him!

Look at some of the guys on that list.. J-Russel? LOL Peppers IS NOT worth Peyton Manning money

Posted by: Gamble20 | Feb 11, 2010 12:02:38 PM

If theres no cap, imagine the Skins signing him.

Andre Carter, Orakpo, Haynesworth AND Peppers? Lets hope that doesn't happen thats a really stacked line

Posted by: Gamble20 | Feb 11, 2010 12:03:52 PM

The comments to this entry are closed.

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