Hardy will now be paid $13.116 million for one season, and he hopes to parlay the franchise tender into a long-term deal. The move puts Hardy under contract for 2014 and prevents him from flirting with another team and ultimately signing an offer sheet.
In signing the tender, Hardy gives up the ability to hold out of training camp without being fined $30,000 per day, since he's under contract.
Panthers expected to use franchise tag on Greg Hardy
The Charlotte Observer reported Friday that Hardy and the Panthers remain in discussion for a long-term deal, but the team will obviously wants to keep Hardy at all costs. Hardy is looking for a contract commensurate with his place among the league's best pass rushers after totaling 26 sacks over the past two seasons.
If he gets the franchise tag, Hardy will likely make $12 million in 2014.
Panthers, Greg Hardy working on deal
by Jamey Eisenberg | Senior Fantasy Writer (2/28/14) The Panthers remain in discussions with defensive end Greg Hardy about a long-term deal, reports the Charlotte Observer.
The report says the Panthers met recently with Drew Rosenhaus, Hardy’s agent, and the two sides have had ongoing negotiations. Hardy is looking for a contract commensurate with his place among the league’s best pass rushers after totaling 26 sacks over the past two seasons.
Most industry experts believe he could draw a deal worth an average of $12 million to $14 million per season, with as much as $25 million in guaranteed money, if he hits the open market. But he's also still eligible for the franchise tag.
Panthers pick up option for Thomas Davis
by Jamey Eisenberg | Senior Fantasy Writer (2/21/14) The Panthers picked up the two option years for linebacker Thomas Davis' contract, reports Pro Football Talk.
The report says Davis will make $13.5M over next two years in 2014 and 2015. Davis had 123 tackles in 2013 (85 solo) with two interceptions and four sacks.
Report: Greg Hardy 'seems bound' for franchise tag
by Larry Hartstein | CBSSports.com (2/10/14) Panthers defensive end Greg Hardy, an impending free agent, "seems bound for the franchise tag," reports NFL.com. The tag for defensive ends is projected to be around $12.5 million, meaning Carolina would be spending more than $20 million on two pass rushers in 2014 since Charles Johnson is set to make $8.75 million.
Hardy matched a franchise record with 15 sacks last season, giving him 26 the past two years. If he reaches free agency, he'll be the premier defensive end on the market.