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May 06, 2014

Godfrey restructuring creates $4M in cap space for Panthers

Safety Charles Godfrey has agreed to a significant pay cut that creates $4 million in cap space for the Carolina Panthers.

Godfrey, 28, who is recovering from Achilles surgery, had his base salary slashed from $5 million to $750,000. He can earn $1.7 million back in roster bonuses -- $106,250 for every game he's on the roster, according to the contract details obtained by the Observer.

Godfrey was set to count $7.1 million against the cap, so his restructuring has long been expected.

The question now is whether he will be able to come back from an Achilles injury that sidelined him for the final 14 games last season. For many players -- such as former Panthers LB Jon Beason -- it can take two years before they feel right on a surgically repaired Achilles.

The Panthers signed free agent safeties Thomas DeCoud and Roman Harper during the offseason. They also have second-year safety Robert Lester, who started four games last season as an undrafted rookie.

Godfrey also is a candidate to play nickel cornerback in passing situations, a role that became vacant when Captain Munnerlyn signed with Minnesota in free agency.

--Joseph Person

Posted by Observer Sports on May 6, 2014 at 04:12 PM | Permalink

Comments

Go Panthers!!

Posted by: Dick | May 6, 2014 4:51:04 PM

here's to hoping they actually let the guy recover before bailing on him too soon like they did beason.


i still can't believe this dude let smith go.


restructuring godfrey + bell signing his tender are 2 very promising developments to a very depressing offseason thus far where the team looks overly dependent on a home run draft class to even sniff the playoffs next year.

could you imagine how good we'd be sitting if we weren't paying elite guys to play for other teams?

Posted by: charlottean | May 6, 2014 5:12:45 PM

Still with the beason talk....

Posted by: tony clifton | May 6, 2014 5:31:23 PM

Would've been nice to offer Smittie the same opportunity...

Posted by: emlit | May 6, 2014 5:44:23 PM

@emlit, letting Steve Smith leave wasn't about money. So that was not an option. SS needed to go, he was a cancer in the locker room. Whether you like it or not, Cam and Luke will be the elite players for this team going forward.

Posted by: Panthers#1fan | May 6, 2014 5:53:36 PM

Smitty was asked to restructure. Said H No, then told Gettleman that he and PantherNation can "go stick it". Quote. Unquote.

Posted by: Ogy | May 6, 2014 5:58:01 PM

BEASON was NOT playing his BEST position.The trade was good for him as well as us...He was only dynamic as MLB.

Posted by: bryant80 | May 6, 2014 7:19:18 PM

GET AND KEEP THE PANTHER SHIT OFF THE FRONT PAGE ... KEEP THE ROGUES ON THE SPORTS PAGES ..

FUCK THE PANTIES ... STOP STUFFING THEIR SHIT
DOWN THROATS 24/7 ...

RICHARDSON ALMOST DEAD AND THEY A GONER ANYWAY ... HURRAY ... GET THE MOTHER FUCKERS TO LOS ANGELES ...


GO COWBOYS
GO SAINTS
GO 49ERS
GO PATS

Posted by: FUCK THE PANTHERS | May 7, 2014 6:10:54 AM

Wow. Moderator?

Posted by: CatFan | May 7, 2014 8:00:31 AM

That's an evil troll

Posted by: Sports don | May 7, 2014 8:09:36 AM

Who's the grumpy gus?

Posted by: PantherD | May 7, 2014 9:14:06 AM

everyone keeps with the MLB talk when justifying letting beason go.

he played outside linebacker in college and was a pro bowl outside linebacker while dan conner played MLB and Thomas davis was hurt.

is he more effective at MLB? sure. is he better than aj klein/chase blackburn? abso-effing-lutely.

was a 7th round pick worth giving him up and paying him to play for the giants? eff no. If we had gotten a 3rd rounder for him, i wouldn't be complaining at all. even a 5th and I might be more quiet about it. we gave up a guy that is now a CAPTAIN and the quarterback of another (great) franchise's defense and we got a 7th rounder for him and we're still paying him to play for them. we saved a whopping 1 million on the deal.


the steve smith talk of him being a cancer in the lockerroom? not one player confirmed that lame story that gettleman threw out there to palate his ego in that move. not only was it a bad move for football, but it was a horrible move for franchise brand equity.

and in that case, everyone would feel fine about it if we had sammy watkins coming in or if we had traded for/signed desean jackson or someone comparable. even if we took a flier on justin blackmon or dez bryant you would feel better about it.

we're picking 28th. unless someone falls to us there, we're reaching for a 2nd-3rd round tackle or receiver or we're drafting a position of significantly less need.

you wonder why a pro bowl tackle on top of his game walks away at age 33 coming off a 12-4 season? called forced early retirement for a guy that didn't want to move.

there's just no justification for all of the dead money we're paying elite guys that SHOULD be in our starting lineups right now. we didn't save even enough to come up with decent replacements. we're paying the significant downgrades of their replacements the money that we "saved" by cutting them.

did we have any lockerroom issues reported last year? were there major chemistry issues? or did that dude not make impact play after impact play for years and years?


justify gettleman's moves all you want but we went 12-4 with hurney's guys and the entire "cap hell" problem was created by his decisions to jettison high end talents who had guaranteed money on the books.

and he extended rivera's contract which compounded one of hurney's biggest mistakes (albeit a forced mistake). dude had 12-4 talent the day he walked in and went 6-10 and 7-9 with it because he doesn't understand game situations and timeout management. a ridiculous string of luck on wrong decisions last year added about 4 wins to what he actually coached the team to. that kind of luck won't continue.


gettleman is on notice right now. he lands a homerun draft class, he'll look brilliant. anything short of that and he's an A-hole with a ridiculous ego. We have 3 starting holes to fill plus return man and that's ASSUMING godfrey is solid enough to start or lester makes enough progress to be a full-time starter).

how many teams picking 28th land 3 first year starters in a draft class? he got 1 last year picking 14th (although without a 3rd rounder)

i'm just giving you guys the reality. we're paying gross/beason/smith/anderson about a 6th of our entire cap space this year. if it were guys that couldn't play - you blame hurney for saddling him with the contracts. we're talking about the captain of the giant's defense, a guy who was a pro bowl 33 year old tackle who retired because he didn't want to play elsewhere, a future hall of fame receiver who made a ton of big plays (game winning plays) for us last year and got picked up by the RAVENS, and the guy that lead the BEARS in tackles last season and is holding out for more money because eff it he's getting paid by us anyways.


think about that conceptually for a minute.


there is NO logical justification for those moves as a whole. he HAS to hit a homerun in this draft to dig himself out of this.

Posted by: charlottean | May 7, 2014 9:40:53 AM

Posted by: FUCK THE PANTHERS | May 7, 2014 6:10:54 AM

Ok, get rid of this loser above

Posted by: BeatTheBrat | May 8, 2014 6:38:04 PM

Release the Kraken!!!

Posted by: The Kraken | May 9, 2014 9:08:03 AM

The comments to this entry are closed.

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