4. Cut him for cap savings

The fourth option is also the least likely scenario. Cutting Newton before June 1 would save the team a boatload of salary cap room: $19.1 million. Doing so would also come with only a $2 million dead money penalty. With that extra cash, the Panthers might look to fill their other roster holes at cornerback, defensive tackle, edge, left guard, tight end, linebacker, etc. etc. Portions of those savings might also be used to bring in a veteran/bridge QB while a rookie develops.

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