Pat Y confirms the added free cap space:
It would appear they plan to save it for next year since we have seen little free agency action in the past couple of weeks. They did sniff around S Charles Woodson last week but he returned to Oakland instead.
As it stands the Panthers should have around $11.4M in available space if they should seek out additional veteran help. There reamins three free agents out there that could help the Panthers but they don;t seem to be interested:
Top 10 Post-June 1 Free Agents - Free Agency Update - Rotoworld.com
2. Right tackle Eric Winston -- Winston's market value is restricted by the facts that he is a right tackle-only incapable of playing other positions, and he only fits zone-blocking teams. Those factors automatically whittle down his list of potential suitors. While Winston remains an effective scheme-specific run blocker, he's become a liability in pass protection, even if his play is still competitive for the most part. Winston has openly admitted to seeking $3-4 million annually in a multi-year deal. Released in each of the last two offseasons, Winston doesn't turn 30 until November. Teams that have shown interest: Titans, Texans, Chargers, Cowboys, Dolphins, Eagles, Patriots.
It's hard to argue Winston would not be an upgrade at RT. Why he remains on the market seems one of the more perplexing cases of all the remaining free agents. It must be the comments he made about his former team.
Moving to the secondary there is a good free safety still out there.
3. Free safety Kerry Rhodes -- The starting free safety for a Cardinals defense that ranked fifth in the NFL versus the pass in 2012, Rhodes graded out as Pro Football Focus' No. 4 overall safety behind Eric Weddle, Jairus Byrd, and Reshad Jones. Rhodes turns 31 in August, so it's not as if he's over the hill. The lack of league-wide interest is surprising after Rhodes played so well, racking up 11 pass breakups, four interceptions, and two forced fumbles. Cleveland remains Rhodes' most sensible landing spot, where old Arizona defensive boss Ray Horton is now calling the defense. The Browns need free safety help. They just haven't pursued Rhodes aggressively yet.
What if moving Charles Godfrey back to free safety doesn't pan out? Rhodes would be nice insurance.
As we have discussed numerous times here on CSR OG is the biggest weakness on this offense:
8. Guard Brandon Moore -- Moore was a 16-game starter on a Jets line that graded fifth in the league in Football Outsiders' 2012 run-blocking rankings, and 11th according to Pro Football Focus. PFF rated Moore as a top-four guard in the entire NFL. Moore is 33 and likely asking for too much money, because his market has gone frosty cold after an initial flurry of free-agency period interest. He is a fit for power-running offenses and hasn't missed a start since 2004.
Maybe the extra cap space be enough now for the Panthers to pull the trigger on one of these guys. Do you think they will sign another free agent or bank the money for next year?