The Panthers have already announced the extension for LB Thomas Davis.
— Carolina Panthers (@Panthers) June 15, 2015
- Person adds that Davis’ new contract is expected to be worth $18 million.
- According to Person, Davis is expected to officially sign the agreement later in the day.
There had been talk that Davis was likely to receive a contract extension before the start of the season, as both parties had expressed interest in getting a done that would allow him to finish out his career as a member of the Panthers.
Davis, 32, reworked his contract with the Panthers last year, which left him in position to make a base salary of $7.25 million for the 2015 season.
He technically had four years remaining on his five-year, $16.5 million contract that included a $5 million signing bonus, but the final three years of the agreement were voidable.
In 2014, appeared in 15 games and recorded 100 tackles, 2.5 sacks, a forced fumble, a recovery and three pass defenses. Pro Football Focus has him rated as the No. 5 outside linebacker in a 4-3 defense out of 40 qualifying players.