The Panthers dealt a fourth-round pick for a punter with a big contract last year, and now they’ve made that contract a little smaller.
According to Bill Voth of Black and Blue Review, the Panthers restructured Andy Lee’s deal, peeling some of the money out of the deal to create more than $800,000 in cap space this year and nearly $2 million next year.
Lee’s existing contract called for base salaries of $3.43 million in 2017 and $4.13 million in 2018, but those were reduced to $1 million and $1.1 million. There were some workout and roster bonuses added back in, but his overall compensation is down.
Lee finished last year on injured reserve because of a hamstring injury, appearing in just nine games.