The 2026 NFL Free Agency period kicked off with a bang, and the Carolina Panthers wasted no time making moves. General Manager Dan Morgan was proactive, leveraging the team's cap space to secure key players for the upcoming season. Let's dive into the Panthers' acquisitions from day one.
Jaelan Phillips (EDGE)
Deal: Four years, $120 million
Morgan started the free agency frenzy with a bold move, signing defensive end Jaelan Phillips. Formerly with the Miami Dolphins and Philadelphia Eagles, Phillips is known for his dynamic play but has faced challenges with injuries throughout his career.
Despite the Panthers' pressing need for a pass rusher to complement 2025 second-round pick Nic Scourton, the hefty contract for Phillips raises eyebrows considering his injury history. It’s a high-risk, high-reward scenario for Carolina.
Devin Lloyd (LB)
Deal: Three years, $45 million
Addressing the linebacker position was a clear priority for Morgan this offseason, and signing Devin Lloyd from the Jacksonville Jaguars was a significant step. Over four seasons, Lloyd has quietly become one of the league’s underrated linebackers, amassing 436 tackles, nine interceptions, and 3.5 sacks. His dual-threat capability in both pass coverage and run defense is exactly what the Panthers need to bolster their defensive unit.
Kenny Pickett (QB)
Deal: One year, $7.5 million
With backup QB Andy Dalton attracting interest elsewhere, the Panthers needed a seasoned quarterback to fill the void. Enter Kenny Pickett, a former first-round pick who has become a journeyman.
His stints with the Philadelphia Eagles, Cleveland Browns, and Las Vegas Raiders have equipped him with valuable experience. Pickett is poised to be a reliable backup for Young, providing depth and stability in case of injury.
Overall Impression
The Panthers' first day of free agency showcased a mix of strategic planning and calculated risks. While some signings might seem like a gamble, they reflect Morgan's determination to strengthen the roster.
As the offseason progresses, these moves will be pivotal in shaping Carolina's fortunes in the 2026 season. Stay tuned, Panthers fans-it's going to be an exciting ride!