Jeremy Brevard/USA TODAY

Carolina Panthers Currently 27th in Offseason Spending

According to Spotrac, the Carolina Panthers currently have spent the sixth fewest among NFL teams with their offseason spending currently at $114,847,821.

The NFL as a whole spent $6,190,288,178 on waivers, free agents, contract extensions, draft picks and undrafted free agents according to Spotrac. The Carolina Panthers and general manager Dave Gettleman was once again conservative and accounted for only 1.85% of the total spending this offseason ($114,847,821). The Philadelphia Eagles finished first in offseason spending with $543,073,834.

The chart below breaks down the offseason spending into five categories.

Category Dollar Amount NFL Rank
Waivers $13,127,000 17th
Free Agents $14,255,000 31st
Contract Extensions $49,010,000 19th
Draft Picks $20,606,821 31st
Undrafted Free Agents $17,849,000 27th
Total $114,847,821 27th

This offseason, similar to years past, almost half of their total spending went towards contract extensions for their current players. The Panthers agreed to contract extensions with five players with the biggest deals going to Michael Oher (three-year, $21.6 million) and Ryan Kalil (two-year, $16.5 million).

While the extension category was the biggest, the Panthers spent very little in free agency, finishing second to last in spending in this category. The biggest free agent contract went to defensive tackle Paul Soliai, who signed a two-year, seven million dollar contract. However, the longest contract went to Gino Gradkowski, who signed a three-year deal worth $3.15 million.

Even though training camp is less than a month away, the Panthers may not be done spending quite yet. According to the NFLPA, they still have over $26 million in cap space as they continue to work towards contract extensions with defensive tackle Kawann Short and safety Kurt Coleman. This is something they will typically work on right up to the start of the regular season but that is the self-imposed deadline for Dave Gettleman. Last year, the Panthers' GM said he will not negotiate contracts during the season.

*Contract figures courtesy of Spotrac.com

Related Article: Can Charles Johnson Rebound in 2016?

Twitter @BrandonCroce

Follow us on Twitter @PanthersonScout and like our page on Facebook.


Panther Insider Top Stories