PANTHERS PLACE TE IAN THOMAS ON INJURED RESERVE

Sign and promote other players to active roster.

Panthers Make Six Moves, Place TE Ian Thomas On IR (msn.com)

The Panthers announced several moves on Saturday, including placing TE Ian Thomas on injured reserve.

In additional moves, the team is signing TE Feleipe Franks and DT Jayden Peevy to the active roster and promoting RB Mike Boone and CB Lonnie Johnson from the practice squad.

Carolina will also waive CB Keenan Isaac as a part of these moves.

Thomas, 27, is a former fourth-round pick of the Panthers back in 2018 out of Indiana. He played out the final year of his four-year, $3.2 million contract and signed a three-year, $17 million deal in 2021.

He was set to have a $6 million cap hit on a $3.65 million salary for 2024 until Carolina restructured his contract in March.

Thomas will miss at least the next four games, as he has been dealing with a calf injury since training camp.
In 2023, Thomas appeared in 12 games for the Panthers and caught five passes for 56 yards and no touchdowns.

We will have more details on Thomas as they become available.

TE Feleipe Franks is a former quarterback converted to Tight End. The dude is a pretty decent TE as well.

Might be the beginning of the end for Thomas.

Might be the beginning of the end for Thomas.

Agreed.  I have an inkling that the Panthers are looking for a "way out" of his contract.  It might come in the form of an injury settlement.

Might be the beginning of the end for Thomas.

Agreed.  I have an inkling that the Panthers are looking for a "way out" of his contract.  It might come in the form of an injury settlement.

Yep, could be....

I wonder what the guarantees are in the contract. Getting out of the contract is one thing, guaranteed money is another. Just turns into "Dead Cap"......still has to be paid, and it could impact money issues around here for several years.

Might be the beginning of the end for Thomas.

Agreed.  I have an inkling that the Panthers are looking for a "way out" of his contract.  It might come in the form of an injury settlement.

Yep, could be....

I wonder what the guarantees are in the contract. Getting out of the contract is one thing, guaranteed money is another. Just turns into "Dead Cap"......still has to be paid, and it could impact money issues around here for several years.

I'm not sure it turns into dead money if it's done via Injury Settlement.  I was reading something on NFL.com earlier this week explaining (and think I posted a link on the forum somewhere) explaining how it all works.  If memory serves me correctly, if they release a player with an injury settlement, it is mutual, and the player becomes a Free Agent and can sign with whatever Team he wants (or who wants him).

But I am pretty sure the Panthers have a clause in his contract that if he becomes injured and cannot play according to his expected contract, they can cut him without his consent if he is on IR and cannot come back to the 53 man roster once he comes off IR.