Panthers' Torrey Smith: Accepts pay cut

Smith agreed to a restructured contract with Carolina that will pay him $2 million in 2019, Field Yates of ESPN reports.

Smith was on a non-guaranteed $5 million contract for 2019 prior to the restructure and was potentially facing release if he didn't agree to a pay cut. His new deal includes up to $1 million in bonuses and gives the Panthers an additional $2 million in salary cap room. It's still not clear if Smith will have a significant role, as the Panthers have a crowded wideout group that includes D.J. Moore, Curtis Samuel, Jarius Wright, Chris Hogan, Aldrick Robinson and Rashad Ross.