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The Panthers cleared this week’s limit by releasing players from the squad and opened up a little more by restructuring the business of other veteran players.
ESPN Field Yates reports that the team converted the majority of the Matt Paradis center’s 2021 salary in a signature bonus. They converted $ 7.04 million from the $ 8.03 million salary in the move, which creates just under $ 4.7 million in limit space for the team this season.
Paradis is entering its third season with the Panthers. He started every game in his first two seasons.
Releasing safety Tre Boston, defensive tackle Kawann Short, defensive side Stephen Weatherly and punter Michael Palardy released about $ 20 million in cap space and left the team with over $ 28 million in cap room. The Paradis restructuring adds more and it is believed that the team is looking to race against Texas quarterback Deshaun Watson.