... first phase of some major wheeling and dealing by the New England Patriots this offseason.
The second phase, NFL sources say, is likely to involve a trade that would send Carolina Panthers defensive end Julius Peppers to the Patriots in exchange for the second-round pick (34th overall) they received from the Chiefs on Feb. 28.
According to league sources, the Patriots and Panthers are hoping to complete the deal at some point between the March 22-25 NFL owners meetings and the start of the draft on April 25.