Miles Sanders‘ tenure with the Panthers has come to an expected end. The veteran running back was released on Tuesday, per a team announcement.
Sanders was prepared to restructure his contract to remain in Carolina, ESPN’s Jeremy Fowler reports. Team and player negotiated such a move, but no agreement could be reached. Now, the former Eagles Pro Bowler will hit the market for the second time in his career.
The top running back earner in the 2023 offseason, Sanders inked a four-year Panthers pact. By cutting bait halfway through the deal, the team will generate $5.23MM in cap space while incurring a dead money charge of $2.95MM. Carolina will now move forward with Chuba Hubbard atop the backfield depth chart.
The 25-year-old Canadian set new career high with 1,195 rushing yards and 10 touchdowns last season. Midway through the campaign, Hubbard inked a four-year extension which prevented him from reaching free agency this spring. He will be counted on to remain a lead back moving forward while 2024 second-rounder Jonathon Brooks rehabs his second ACL tear.
More to come…
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