Panthers May look to restructure Jon Beason's contract

Looking at the numbers for the Carolina Panthers, and it sure looks like they’re in a much worse situation than the Saints. There simply aren’t a lot of easy escape routes for the Panthers.

I don’t know if former general manager Marty Hurney deserves all the blame or if he was acting on orders from above, but the contracts given to guys like DeAngelo Williams, Jonathan Stewart, Steve Smith, Jon Beason, James Anderson and Charles Godfrey in recent years have left the Panthers in a real salary-cap mess.

Whoever ends up as the new general manager is going to have his hands tied in a lot of ways, because most of those contracts include so much guaranteed in base salaries and so much pro-rated money that it’s difficult, if not impossible, to get out from under some of the team’s biggest contracts by releasing players.

The Panthers would lose cap space if they released Smith, Stewart or Godfrey. They’d basically break even on Anderson.

Beason and Williams could be candidates for release, but only if the Panthers designated them as June 1 cuts and spread their cap hit over two years, instead of one.

The Panthers currently have $136 million committed toward a 2013 salary cap that is expected to be slightly more than $120 million. Let’s look at some guys who could be on the cap bubble.

Beason: The logical scenario for him is a contract restructure to knock his cap figure down. Beason currently has a $9.5 million cap figure and $3.75 million of his $5.25 base salary for this year is guaranteed. Beason also has $12 million in outstanding pro-rated money.


(espn.com)