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March 18, 2013

Agent for Greg Hardy approaches Panthers about contract extension


The agent for Panthers defensive end Greg Hardy has approached team officials about a contract extension before Hardy enters the final year of his rookie deal.

Hardy, 24, had a breakout season in 2012 when he finished with 11 sacks, 23 quarterback pressures and two forced fumbles. Hardy, a sixth-round pick from Ole Miss in 2010, is set to make $1.35 million this season after hitting his salary escalators in 2012.

Drew Rosenhaus, Hardy's agent, recently initiated contract talks with the Panthers, according to a league source with knowledge of the situation.

The Panthers handed out a number of huge contracts two years ago to lock up several members of what ex-general manager Marty Hurney called the team's “core.”

Defensive end Charles Johnson received the richest deal in franchise history – a six-year, $76 million extension that included $32 million in guaranteed money.

The spending spree has put the Panthers in bad salary cap position for the next several years. They're currently about $3 million under this year's $123 million cap.

A crowded field of free agent defensive ends has made for a soft market this year. Former Baltimore DE Paul Kruger signed a reported five-year, $41 million contract with Cleveland that includes $20 million in guarantees, while Cliff Avril went to Seattle for two years and $15 million.

Next year's free agent class of defensive ends also includes several established players, including Jared Allen, Justin Tuck and Michael Johnson.

Besides Hardy, the only other potential free agent of note for the Panthers in 2014 is WR Brandon LaFell.

 --Joseph Person

Posted by Observer Sports on March 18, 2013 at 12:10 PM | Permalink


i wouldn't offer much.....let him earn an extension the old fashioned way.

Posted by: big gulps | Mar 18, 2013 12:39:11 PM

I think he earned it with his performance last year. The question is whether the Panthers can afford it right now. If he can do a deal that give us some immediate cap-relief, it would be a good idea.

Posted by: Authority | Mar 18, 2013 12:42:39 PM

This story is kind of like the little kid asking the same question for about the hundredth time on a five mile trip, "are we there yet". So kids, the answers remains the same, NO. The Panthers are stuck with the salary cap MESS that Marty Hurney and Mr. Richardson got this team into. As written in an ESPN article today, this mess will last for at least two more years. It's simple math that keeps coming up with the same simple answer. So, as the rest of the NFC South teams keep getting richer in good players, the Panthers keep getting poorer as they keep getting older. This goes to prove my point that I made three years ago. Marty Hurney should have been fired when John Fox was fired, before he could have done any more damage to this team. Now look at them. What a bleeping mess there are in and for some time to come. This stinks if you are a Panthers fan!

Posted by: vinny_57 | Mar 18, 2013 1:00:44 PM

Vinny_57 if this were Facebook I would like your message and if it were church I would say Amen brother.

Posted by: Ked | Mar 18, 2013 1:21:57 PM

Slow down the bus, Vinny. It's not as bleak as Pat Y. writes @ ESPN.

Over at CatScratchReader.com, which is THE place for Panthers news, one of the editors does a nice job of looking at the deals that impact the cap that ESPN speaks of, and it's not nearly as gloomy as everyone is saying.

Here's your link: http://tinyurl.com/cvvqndv

Hope you enjoy the site!

Posted by: Sanity Check | Mar 18, 2013 1:34:23 PM

I would like to see another consistent season out of Hardy. Panthers can't afford another bad contract right now, lets see how he plays next year with some added incentive. Watching the Panthers be in such a pitifull position is disheartening, and embarrassing as a fan. How could so many bad decisions be made repeatedly. Our season is usually in peril before Halloween, no notable free agents signed in years. Is there light at the end of the tunnel or is it another train coming our way??

Posted by: Brinkley Vaughn | Mar 18, 2013 1:39:59 PM

we are NOT in as bad a situation as people project. It's not like all these contracts are guaranteed. We sign the guys to keep the talent and then you try and find replacements. When you do, you cut or trade.

You can almost guarantee one of if not 2 of the 3 running backs are gone after this year. You can also guarantee jordan gross being gone or being cheaper than the 8.7 he's supposed to get each this year and next.

we have the kind of guys that will either be cut for being overpaid or we will be winning a ton of games because we paid to keep them. beason/davis/gross/williams/stewart/khalil all fit into that category and are all elite players when healthy. but we have draft picks coming in every year gunning for their spot. You replace the old with the young, the expensive with the cheap. but what we have is a team. we have our core. we have talent. we don't have a lot of holes at all. i think we're in a far better position than a lot of teams, including the ravens who appear to be losing a lot of what won them a championship.

Posted by: charlottean | Mar 18, 2013 1:50:20 PM

you guys don't understand that NFL salaries are not fully guaranteed and that hurney structured some of these contracts so that they have bloated salaries that they will never ever ever ever see and did so simply to be able to spread the bonus hit out the best way possible. It also gives the team the leverage that if a guy is an elite performer, he's already under contract. If a guy underperforms.....they hold leverage to restructure because they can cut him at the worst possible times for him. It gives the team all the cards in restructuring.

stick to what you understand.

Posted by: charlottean | Mar 18, 2013 2:48:33 PM

Sign him,but not for a big contract,with a clause,if he got hurt,with some bonus,if he plays good.But keep his pay low for the next two years,with the bonus going to 2016,if he plays well.WE NEED TO KEEP HIM,if possible,and would be easier to sign this year.He will be hard to replace.

Posted by: Bill | Mar 18, 2013 2:55:20 PM

Getts has enough on his plate and Hardys agent knows it.Just another tool for negotiations. The Kracken is awesome and we all want him to stay. This reminds me of another DE we once lost.

Posted by: towercat | Mar 18, 2013 3:29:42 PM

Give him tha money.we need him

Posted by: Jr | Mar 18, 2013 6:46:08 PM

We definetly r in some finacial bull but we r good we hve our core players nd like guy said above u dnt understand the nfl salaries so stick to what u do understand!!!!!goteeeeeeeem.....

Posted by: camcrazy | Mar 19, 2013 4:20:17 AM

Panthers would be foolish to do so. Dude is a train wreck. He's walking the fine line of millionaire or sitting in jail. Horrible locker room guy, constantly in trouble with court systems and one of the more irresponsible guys on team.

Posted by: M | May 3, 2013 12:40:28 AM

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