As expected, the Carolina Panthers have slapped the franchise tag onto defensive end Julius Peppers, according to Adam Schefter of NFL Network.
The move comes not long after the team worked out a long-term deal with tackle Jordan Gross.
The question now becomes whether the Panthers trade Peppers, or whether they keep him for another year, at a salary of $16.683 million.
Peppers has said he wants to go to a new team, but his options are limited absent a trade. He can decline to accept the tender, which would allow him to stay away from all offseason activities, training camp, and the preseason. Then, he could sign the tender on the eve of the regular season, and still receive the full $16.683 million.
Of course, the Panthers could withdraw the tender at any time before he signs it, making him an unrestricted free agent.
Peppers also could sit out through Week Ten, sign the tender, receive $6.87 million for the last seven weeks of the season, and become a free agent again in 2010.
Next year, it would cost the Panthers $20.01 million to use the franchise tag on Peppers.