CHARLOTTE, N.C. (AP) — The Carolina Panthers released Eric Reid just 13 months after giving the veteran safety a three-year, $22 million contract extension.
Panthers general manager Marty Hurney signed Reid to a new deal in February 2019 that included a $9 million signing bonus. The decision to release Reid means the Panthers will be on the hook for $5 million in dead money.
“It’s been a pleasure Carolina!” Reid said on Twitter. “I enjoyed my time and the support I received from the fans, media, teammates, and staff there will be remembered. Looking forward to furthering my career in another city!”
The Panthers have other options at safety.
The team re-signed safety Tre Boston to a three-year, $18 million contract on Tuesday. They also agreed to terms with free agent safety Juston Burris from the Browns earlier this week.
The 28-year-old Reid started 29 games over the past two seasons for the Panthers and had 201 tackles, five sacks and one interception.
Reid was the first player to join former teammate Colin Kaepernick's protest against social injustice by kneeling during the national anthem. He has also been an outspoken voice in the players' union, recently advocating against the new labor contract that players voted to ratify.
The Panthers confirmed a trade that was reported two weeks ago that sent five-time Pro Bowl guard Trai Turner to the Chargers in exchange for two-time Pro Bowl left tackle Russell Okung.
Carolina lost another defensive free agent on Wednesday as linebacker Bruce Irvin announced he is returning to play for the Seahawks. Previously, cornerback James Bradberry agreed to terms with the Giants, defensive end Mario Addison and defensive tackle Vernon Butler with the Bills and defensive tackle Gerald McCoy with the Cowboys.
The Panthers are parting ways with Cam Newton and have agreed to terms on a three-year deal with quarterback Teddy Bridgewater.
The Panthers have decided not to tender restricted free agents offensive tackle Dillon Gordon and wide receiver DeAndrew White, and exclusive rights free agents guard Kitt O'Brien and offensive tackle Brandon Greene.
More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFL