Analyzing the 2024 Carolina Panthers salary cap situation

Grant Halverson-USA TODAY SportsThe Carolina Panthers enter an offseason where a ton of changes can and will be made, however they lack a lot of the necessary capital to do so. In the Draft department, the Panthers unfortunately will be ceding the 1st overall pick to the Bears after trading up to acquire Bryce Young in the 2023 draft, meaning they’ll be using day 2 and 3 picks to try and shore up the current worst roster in football. But what about free agency, you may ask? Well, that’s not the best situation either.

Per Overthecap, the Panthers have $23.6 million in cap space to play with when free agency opens in March for the new league year. However, a significant portion of that will…