The Panthers have cut defensive lineman Morgan Fox in a move to clear cap space ahead of the start of free agency, according to multiple reports. This move will give the Panthers $3 million in additional cap space, but it will cost them $2.5 million in dead money.
The Panthers have been restructuring contracts and making roster moves to create as much cap space as possible, potentially to make a pursuit at current Houston Texans quarterback Deshaun Watson, who has been on David Tepper’s wish list for several years.
I’m not sure I understand the rationale behind this move, considering the low amount of money the Panthers save against the salary cap.