The Carolina Panthers are eyeing a potential $40 million deal with cornerback Mike Jackson during the NFL offseason. This move could be pivotal in maintaining their momentum and pushing for another playoff appearance next year.
While the Panthers are looking to bolster their roster, retaining key players like Jackson is crucial. Joe Person from The Athletic highlights Jackson as a prime candidate for a contract extension.
Despite a tough outing against the Cowboys’ George Pickens last October, Jackson bounced back impressively. He ended the season as Pro Football Focus’ third-ranked corner, shining in the wild-card game against the Rams by intercepting Matthew Stafford and allowing a 0.0 passer rating when targeted.
Jackson's stats speak volumes. He achieved an 80.9 coverage grade, ranking third among 114 cornerbacks, and a 79.1 overall grade, placing him fourth. However, his age (29) and the financial implications of an extension are points of consideration.
Spotrac estimates his market value at three years, $40.2 million, around $13.4 million annually. If Jackson maintains his performance, this could be a great deal for Carolina. But it’s worth noting that just two years ago, the Seahawks traded him for a seventh-round pick, Michael Barrett, who has yet to play in the NFL.
Last season, Jackson recorded 68 tackles, four interceptions, and led the league with 19 passes defended. His journey through three teams before finding his stride in Carolina suggests he might be a late bloomer. With one year left on his contract before free agency, the Panthers must weigh the risks and rewards of a significant investment in Jackson.