Davis finished serving his four-game suspension for a PED violation and the Panthers had a roster exemption that’s set to expire, so this move was expected.
Davis, 35, is a former first-round pick of the Panthers back in 2005. He was in the final year of his three-year, $18 million contract that includes $11.5 million guaranteed when he and the Panthers agreed to a one-year, $6.75 million extension through 2018.
In 2017, Davis appeared in 15 games and recorded 76 tackles, 2.5 sacks, and a fumble recovery. Pro Football Focus had him rated as the No. 31 linebacker out of 88 qualifying players.