Joseph Person and Jonathan Jones of the Charlotte Observer, citing team sources, report that Panthers DE Charles Johnson will have to agree to restructure his contract and take less money or he could be a cap casualty.
Johnson carries a staggering 2016 cap figure of $15 million and represents the easiest source of cap relief for the Panthers.
There’s been talk for several months now that Johnson and the Panthers will need to come to an agreement to reduce this figure, so it shouldn’t come as much of a surprise to hear that this is still something that will need to be addressed.
According to OverTheCap.com, releasing Johnson will free up $11 million in available cap space while creating $4,020,000 in dead money.
Johnson, 29, will be entering the sixth year of his six-year, $76 million contract that included $32 million guaranteed. He stands to make a base salary of $10.75 million in 2016 as part of this agreement.
In 2015, Johnson has appeared in nine games and recorded 12 tackles, a sack and a pass defense for the Panthers.