The Panthers officially picked up quarterback Bryce Young‘s fifth year option, per a team announcement, locking the 2023 No. 1 overall pick into a fully guaranteed $25.9MM salary for the 2027 season.
Carolina was expected to make this move after Young demonstrated clear signs of development in 2025 and put up career-bests in nearly every statistical category. The 24-year-old benefitted from a stronger supporting cast, including first-round receiver Tetairoa McMillan and breakout running back Rico Dowdle, but he undoubtedly showed a much better command of head coach Dave Canales‘ offense, too.
[RELATED: 2027 NFL Fifth-Year Option Tracker]
Still, Young has a ways to go before fully living up to his draft slot by establishing himself as one of the league’s top quarterbacks. $25.9MM will be a fine price for a starting quarterback in 2027, but the two sides could get to work on an extension right away.
If the Panthers are already confident in Young’s ability to be their long-term starter, a multiyear deal now could look like a steal in a few seasons. That still carries significant risk, as the former Alabama star barely cracked 3,000 passing yards last season with 23 touchdowns, 11 interceptions, and an 87.8 passer rating.
That is hardly the output of a high-end starting quarterback, so Carolina may want to wait another year before agreeing to a long-term contract with Young. He could absolutely play himself into a better deal, but even in that case, the Panthers will know they have their franchise QB. In other words, the risk of having to pay Young more next offseason might be preferable to the risk of ponying up significant guarantees right now without knowing if he is truly the future of their team.
The timing of a potential Young extension has been a talking point this spring. It was reported in February the Panthers were in position to wait until the 2026 season played out to make a big-money commitment. More recently, though, it has seemed as if Carolina would be willing to engage in contract talks now. Young’s approach on this front will be worth watching closely as the summer unfolds.
The Panthers eyed a change in the QB depth chart with Andy Dalton‘s tenure coming to an end. Dalton was traded to the Eagles shortly after Kenny Pickett was added in free agency. The latter will give Carolina a much younger backup signal-caller, while the team accomplished its goal of adding another quarterback shortly after the draft ended. Haynes King was signed as a UDFA on Saturday. Young has not always been the Panthers’ undisputed starter, but he will be expected to log QB1 duties once more in 2026.
How that setup plays out will be key in determining Carolina’s ability to reach the playoffs once again next year. It will also, of course, determine the value of a new Young contract in the event one is not finalized over the near future.
Adam La Rose contributed to this post.
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