Greg Hardy rejected extension, according to report

Howard Smith-USA TODAY Sports

The Carolina Panthers offered Greg Hardy a big contract, but it wasn't enough.

Greg Hardy was offered a 4-year, $32 million contract extension, which was turned down by the Panthers star defensive end -- according to Brett Jensen on WFNZ this morning.

Hardy would have made $8 million per season under the deal, which Jensen indicated was rejected due to the figure being too low for agent Drew Rosenhaus to accept. The offer pales in comparison to the 6-year, $72 million deal signed by Charles Johnson in 2011.

The reported contract is commensurate with a deal signed by Paul Kruger this offseason when he signed with the Cleveland Browns for 5 years, $41 million.

Hardy has 159 tackles and 21.0 sacks for the Panthers in four years, he has 3.0 sacks in 2013 -- all of which came against the New York Giants in a blowout victory. He is a vital part of Carolina's defensive scheme, but a larger deal would eat all of the Panthers' available cap space, which they can't afford in 2014.

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