In 2009, Panthers G.M. Marty Hurney traded a first-round pick away to draft defensive end Everette Brown in the second round. (They also picked up a fourth-round pick in the deal.
Just two years later, the Panthers gave up on Brown.
Adam Caplan of Sirius NFL Radio reports that the Panthers have waived Brown. He’s not a vested veteran, so don’t be surprised if a team or four claims him in an effort to turn his career around.