It took a while, but the Carolina Panthers now have their entire 2020 NFL draft class under contract.
With training camp set to begin later this week, let’s take a look at the team’s updated salary cap picture.
According to Over the Cap, the Panthers currently have $10,072,824 in space remaining for this season. Only 12 teams have less. That’s not a whole lot of room to add talent at positions of need like tight end and cornerback, let alone if somebody important currently on the roster gets injured.
This is 2020, so naturally it gets worse from here, too.
Previously, we were expecting a significant raise in the team’s salary cap space for 2021 (up to a maximum of $90 million) with a lot of dead weight coming off the books. Unfortunately, due to a projected massive shortfall in revenue this year because of the pandemic, the Panthers and every other team will be going into a much leaner environment.
If the salary cap ceiling winds up being $175 million next year, Carolina would have just $9,371,349 left if they carry over their current estimated cap room, per OTC.
Hopefully the revenue drop is not as bad as projected and the cuts won’t be as deep next year. If not, the front office will lose a valuable tool as they begin phase two of the rebuilding period.
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