Peppers will sign with the Panthers, with whom he began his career, ESPN.com reports.
Selected by Carolina with the second overall pick in the 2002 draft, Peppers had double-digit sacks in six of his eight seasons (2002-2009) with the team. He was also productive in Chicago and Green Bay, though he stepped back to a supporting role for the Packers last season, notching 23 tackles and 7.5 sacks in 16 games. Peppers may be used as a situational pass rusher rather than as a starter upon returning to Carolina. This could serve as the farewell tour in an impressive career that has featured 143.5 sacks and counting.