The Panthers have released strong safety Eric Reid, who broke the news himself on his Twitter account moments ago. In a classy message, Reid thanked the fans, media, his teammates and the staff on his way out.
Reid still had two years left on his contract. According to Over the Cap, cutting Reid before June 1 will save the team $3 million in salary cap space for 2020 but add another $5 million to the dead money total, which has reached ludicrous proportions.
Reid was a first-round pick by the 49ers in the 2013 NFL draft. He was a Pro Bowler for them in his first season but he hasn’t been back since.
In 2019, Reid struggled in coverage and missed more tackles than usual. He claims he played through knee and ankle injuries most of the season.
The Panthers just signed free safety Tre Boston to a three-year extension. Now they’ll have to fill another hole in their defensive backfield.
