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Paradis agreed to terms with the Panthers on a restructured contract Saturday, Field Yates of ESPN reports.
Paradis has agreed to convert roughly $7 million of his $8 million salary into a signing bonus, a move which creates $4.6 million in cap space for Carolina. The Panthers have a made a number of similar transactions to free up cap space, including the recent release of multiple veterans, perhaps preparing the team to better pursue hot commodities when free agency opens March.
