NFL Free Agency 2014: Panthers DE Greg Hardy looking for big pay day

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Jan 12, 2014; Charlotte, NC, USA; Carolina Panthers defensive end Greg Hardy (76) on the field prior to the 2013 NFC divisional playoff football game at Bank of America Stadium. Mandatory Credit: Bob Donnan-USA TODAY Sports
Jan 12, 2014; Charlotte, NC, USA; Carolina Panthers defensive end Greg Hardy (76) on the field prior to the 2013 NFC divisional playoff football game at Bank of America Stadium. Mandatory Credit: Bob Donnan-USA TODAY Sports /

Defensive end Greg Hardy is set to hit free agency in March, so the Carolina Panthers have a big decision ahead of them. The team could choose to use the franchise tag on Hardy, but the price to designate a defensive end with the tag costs a whopping $12.5 million and would eat up most of the Panthers free space.

Hardy is also looking for a pay day that is worth more than the six-year, $78 million deal that Charles Johnson got from Carolina just a few years ago.

The report comes from the Charlotte Observer.

Hardy has been one of the most productive defensive ends over the past two seasons and will be just 26 years old when next season begins, so if the Panthers allow him to hit the open market they will likely lose out on a bidding war for what is expected to be one of the most highly sought after players available.