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Panthers Sign Devin Lloyd for $45 Million Deal

3/10/2026

46 11 Full Breakdown

Summary

Story summary

The Carolina Panthers signed Devin Lloyd to a three-year, $45 million contract with $25 million guaranteed, placing him among the league's top-paid off-ball linebackers.
Lloyd had a breakout 2025 season with the Jacksonville Jaguars, recording five interceptions and earning Pro Bowl honors.
He is expected to be the Panthers' top off-ball linebacker and signal-caller.
The Panthers also signed edge rusher Jaelan Phillips to bolster the defense.

History

Historical Context

The NFL's 2011 Collective Bargaining Agreement established a salary cap of $120 million, fundamentally altering team financial strategies. This cap, which mandates teams spend at least 88.8% of it on player salaries, reflects a shift towards valuing defensive players, as seen in the Carolina Panthers' $45 million signing of Devin Lloyd. This trend influences future contract negotiations and team compositions across the league.

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Story summary

The Carolina Panthers signed Devin Lloyd to a three-year, $45 million contract with $25 million guaranteed, placing him among the league's top-paid off-ball linebackers.
Lloyd had a breakout 2025 season with the Jacksonville Jaguars, recording five interceptions and earning Pro Bowl honors.
He is expected to be the Panthers' top off-ball linebacker and signal-caller.
The Panthers also signed edge rusher Jaelan Phillips to bolster the defense.

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