Kimberly Jones of the Star-Ledger reports:

49ers LB JULIAN PETERSON still could be franchised by the team, for $8.7 million, to keep him from hitting the market. If he does become available, he won't come cheaply. Peterson turned down a multiyear deal that included a $15.5 million signing bonus in 2004, before he tore his Achilles' that season.

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