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Panthers Restructure Jaycee Horn’s Contract to Create $13.1 Million in Cap Space

The move funds rookie deals now by pushing more of Horn’s cost into later seasons.

Overview

  • Carolina, which finalized the restructure Friday, converted $16.4 million of Horn’s 2026 salary into a signing bonus and added a void year.
  • The change created about $13.1 million in 2026 cap room, according to reports from The Athletic and NBC Sports.
  • The team applied the new space to sign its 2026 draft picks and undrafted free agents, with 16 rookie additions announced by the club.
  • Spotrac now lists Horn’s cap hits at $10.9 million in 2026, $25.9 million in 2027, and $31.8 million in 2028.
  • Horn signed a four-year, $100 million extension before 2025 and produced five interceptions last season, which helps explain why the team chose to shift his costs rather than cut talent.