Field Yates of ESPN is reporting that the Panthers recently converted $11.765 million of WR Robby Anderson’s 2022 compensation into a signing bonus.
This move created $5.8825 million of available cap space for the Panthers this offseason.
Anderson, 28, signed with the Jets as an undrafted free agent out of Temple back in 2016. He played out his three-year rookie contract and re-signed to a one-year, $3.095 million deal as a restricted free agent in 2019.
As a first-time unrestricted free agent in 2020, Anderson signed a two-year, $20 million deal with the Panthers and chose to reunite with his college head coach, Matt Rhule.
He was in line to be an unrestricted free agent in 2022 before he agreed to a two-year, $29.5 million extension with the Panthers back in August of 2021.
In 2021, Anderson appeared in 17 games for the Panthers and recorded 53 receptions for 519 yards and five touchdowns.
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