Peppers, 34, was cut after the Bears were unable to trade him.
He was due an $11.9 million base salary, so it was nearly impossible to trade him.
Peppers had seven sacks last season. He has 37.5 sacks since joining the Bears four seaons ago.
The former Carolina Panthers star has 118.5 career sacks.
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This story originally appeared on Nationalfootballpost.com
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