The deadline for the Carolina Panthers and franchise player Julius Peppers to reach a long-term deal has come and gone. So it appears that the Panthers and Peppers will be in the same predicament as they were this year in terms of his contract situation.

Bet 2010 Super Bowl Odds

Before Peppers became a free agent earlier this year, the Panthers elected to place the franchise tag on their star defensive end, meaning that another team would have to give up two first round picks as compensation if they acquired him. That didn’t happen, so Peppers had a choice to make – either sign a one-year, $16.7 million tender, or hold out.

Peppers signed his franchise tender in June and provided hope that he and the Panthers could come to a long-term agreement before the July 15 deadline. But they didn’t, so now Peppers will be a free agent again after the 2010 Super Bowl and Carolina will once again have to decide whether or not it wants to franchise him, attempt to sign him to a long-term deal, or allow him to walk via free agency.

Oddsmakers from online sports book Sports Interaction have made the Panthers a 21/1 long shot to win the 2010 Super Bowl and 9/1 to win the NFC.

Bet 2010 Super Bowl Odds

Posted: 7/16/09 3:50PM ET

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