Ian Rapoport reports that the Panthers have released LT Matt Kalil on Thursday.
This is a tough contract to move on from, given that releasing him outright right now would result in $14.7 million of dead money and -$2,550,000 of cap room.
With this mind, it’s likely the Panthers designated Kalil as a post-June 1 release, which improves the cap savings to $7.9 million in 2018 and $4.9 million of dead money. Carolina would not recoup this cap savings until June 1, however,
Kalil, 29, is a former first-round pick of the Vikings back in 2012. He played out his rookie contract with the Vikings before signing a five-year, $55.5 million contract that included $24 million guaranteed with the Panthers as a free agent in 2017.
Kalil was set to make base salaries of $7 million (2019), $10 million (2020), and $10.5 million (2021) over the remainder of the agreement.
In 2017, Kalil appeared in all 16 games for the Panthers and is rated by Pro Football Focus as the No. 55 offensive tackle out of 80 qualifying players.
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