The Panthers have given quarterback Jake Delhomme a five-year contract extension worth $42.5 million, according to the Associated Press. "It's all about being able to know that I can finish my career here in Carolina," Delhomme said. "That's what I've wanted, all I've ever wanted." The deal will keep Delhomme under contract through the 2014 season, and includes $20 million in guarantees. The agreement also clears cap space for Carolina, as Delhomme's contract was set to count for more than $10 million next season.

The Broncos and Panthers have reportedly shown interest in Bills free agent quarterback J.P. Losman, according to a league source. Denver's interest in Losman appeared to minimize when they signed Chris Simms, but something could arise prior to this weekend's draft.

Panthers general manager Marty Hurney said that he still expects defensive end Julius Peppers to play for the team next season. "We franchised him and it's really no different than any other player who has been franchised," Hurney said. "We, as part of the franchise process with the non-exclusive tag, are not involved really in (trade scenarios). When we franchised Julius we did so with the intention of having him back -- and that's where it stands."

The Packers traded extra long snapper J.J. Jansen to the Panthers on Monday for a seventh-round draft pick in 2011. Green Bay was going to release Jansen to stay under the NFL's roster limit, but dealt him when news broke that a few teams would show interest in him on the waiver wire.