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|
|Undrafted Free Agents||$17,849,000||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
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