As the Carolina Panthers prepare for the 2025 free agency period which kicks off on Wednesday, March 12th, the team’s salary cap position will govern their player acquisition strategy. Per Spotrac, Carolina currently has just north of $28 million in available cap space, a figure that ranks 17th in the league.
The 2025 NFL salary cap has been set at $279.2 million. Cap hits for existing players on the Panthers current roster eats away roughly $244 million of the team’s cap space, but two other numbers also factor into how much available cap the team has: the 2024 “rollover” and dead money.