According to an article over at SI.com, the Carolina Panthers are actually not in that bad a shape salary cap wise. Because GM Marty Hurney, but adding incentives to contracts that are never met, has manipulated the Panthers' salary cap figure by around $9M. So, the Panthers are essentially operating under a $125M salary cap, instead of the official $116M. The notion that Carolina didn't have any money this off-season seems to be huge overstatement.
The unfortunate thing for the Panthers is that this has been one of the weaker free agent markets in recent memory, with most of the top-tier free agents getting franchise tags from their respective teams. But, there are bound to be more cuts (like RB Warrick Dunn) coming, so it's not totally hopeless for the Panthers. Speaking of which, Carolina signed G Keydrick Vincent to a 2 year deal. The Panthers are also reportedly close to a deal with former Eagles DT Ian Scott. The Panthers are also interested in former Falcons DT Rod Coleman. It's been pretty slow for Carolina as far as signing free agents, but be patient Panther fans, while San Francisco is overpaying for Justin Smith, the Panthers are waiting for the right guys at the right price to sign.
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