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DANA POINT, Calif. - Julius Peppers being traded to the Patriots did not happen at the NFL owners'...

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DANA POINT, Calif. - Julius Peppers being traded to the Patriots did not happen at the NFL owners' meetings. New England doesn't have the cap room to absorb Peppers's $16.68 million franchise tag salary, and yesterday Carolina Panthers coach John Fox called the reported trade that would have sent Peppers to the Patriots for a second-round pick "almost laughable."

Peppers to Patriots for a second rounder "almost laughable"