- Jim Owczarski first reported the deal.
Benwikere, 25, is a former fifth-round pick of the Panthers back in 2014. He’s was in the third year of his four-year, $2.419 million contract and set to make a base salary of $600,000 for the 2016 season when the Panthers elected to cut him loose.
Benwikere was later claimed off of waivers by the Dolphins. However, Miami cut him loose soon after and he was later added to their practice squad. The Packers later signed him to their practice squad but his contract later expired.
The Bengals signed him to a contract back in February, making his stint in Cincinnati short-lived.
According to OverTheCap.com, trading Benwikere frees up $690,000 in cap space for the Bengals and creates no dead money.
In 2016, Benwikere has appeared in four games for the Panthers and recorded 10 tackles, one interception and four pass defenses for the Panthers. Pro Football Focus has him rated as the No. 87 cornerback out of 111 qualifying players.