Panthers release cornerback Dane Jackson, clear $3.35 million cap space

The Carolina Panthers have released cornerback Dane Jackson, clearing $3.35 million in salary cap space just one year into his two-year, $8.5 million contract. Jackson, who struggled with injuries and performance during his season with the Panthers, played only 10 games and recorded a low PFF grade. His departure allows the Panthers to prioritize extending Pro Bowl selection Jaycee Horn and potentially retaining starting cornerback Mike Jackson. The team is now positioned to explore the development of younger players and face significant changes in their secondary for the upcoming season. Jackson's prior success with the Buffalo Bills could attract interest from teams looking for experienced defensive backs. The Panthers' projected cap space is now around $28.6 million, providing flexibility for future roster moves.