The Carolina Panthers entered the 2024 offseason with a respectable but unspectacular amount of cap space. They’ve made a few moves to clear more space and structured incoming deals to maximize that space. Even with all of the acquisitions the Panthers have already made, there’s still room for more.
Far away the biggest move the Panthers made to clear space was trading Brian Burns to the New York Giants. Burns was a free agent coming into the offseason, but the franchise tag gave him a $24 million cap hit. The Panthers completely offloaded that by trading Burns to the Giants.