According to Over the Cap, free agent wide receiver Chris Hogan’s one-year contract comes with a $1.45 million cap hit in 2019. His signing bonus is a reported $300,000. I recently highlighted three reasons Panthers fans should be optimistic about Hogan’s signing and that list can now be expanded to four in light of his relatively small cap hit.
A $1.45 million deal is small enough to keep the Panthers books out of the red and represents sufficient value to leave their rivals green with envy. Carolina didn’t have to break the bank to get Hogan into his new black, blue, and silver Panthers uniform and call Mint Street home.