Jacobs was released by the Panthers on Monday, Field Yates of ESPN reports.
Jacobs was set to enter free agency this offseason and is now free to sign elsewhere in the league ahead of schedule. The 30-year-old played 16 games with Carolina in 2018, notching six defensive tackles and 280 snaps on special teams.
Jacobs (undisclosed) made one tackle in Friday's 25-14 preseason win over the Patriots.
Jacobs struggled with an undisclosed injury throughout camp, but he appears ready to rock. The Panthers will need him immediately, too, since Thomas Davis is suspended for the first four games of the regular season. However, Jacobs is inexperienced and shouldn't be considered a viable IDP swap for Davis.
Jacobs (undisclosed) is not on the field for Saturday's practice, Jourdan Rodrigue of The Charlotte Observer reports.
Jacobs played just one defensive snap during the 2017 season, but he served as a significant special teams player for the club. He should reprise that role for the Panthers in 2018 when healthy.
Jacobs was signed by the Panthers on Friday, Max Henson of the team's official site reports.
Jacobs is no stranger in Carolina, having already spent multiple seasons with the team. His return is prompted by the need for depth at inside linebacker while Luke Kuechly deals with concussion issues.
The Panthers and Jacobs (undisclosed) agreed to an injury settlement Sunday.
The journeyman linebacker will now have to wait out the terms of the settlement before seeking other employment.
The Panthers announced they re-signed running back Fozzy Whittaker, linebacker Ben Jacobs and offensive lineman Brian Folkerts. All were exclusive rights free agents.
In 10 games last season, Whittaker ran 32 times for 145 yards (4.5 ypc) and a touchdown and caught five passes for 60 yards and another score.
The Panthers signed their entire practice squad to reserve/futures contracts, reports the Charlotte Observer. The squad consists of wideout Brenton Bersin, quarterback Matt Blanchard, linebacker Ben Jacobs, guard Michael Jasper, tight end D.C. Jefferson, offensive tackle Andrew McDonald, cornerback DeAndre Presley and defensive end Craig Roh.
The Panthers made a few roster moves Wednesday. They signed center Brian Folkerts and wide receiver Marvin McNutt to the active roster, while also signing linebacker Ben Jacobs and linebacker Jeff Tapinian to the practice squad.
The Panthers have revealed their list of inactives for Week 5 at Arizona. The following players were ruled inactive: defensive back D.J. Moore, defensive back Josh Norman, defensive back Quintin Mikell, linebacker Ben Jacobs, tight end Brandon Williams, defensive lineman Frank Alexander and defensive lineman Dwan Edwards.
The Carolina Panthers signed linebacker Ben Jacobs from the practice squad to the active 53-man roster Saturday, the team's official site reports.
The Panthers put seven players on their practice squad: wideouts Brenton Bersin and James Shaw, defensive tackle Casey Walker, defensive end Craig Roh, safety Robert Lester, linebacker Ben Jacobs and running back Tauren Poole.
The Panthers have announced 11 cuts, the most significant of which are quarterback Jimmy Clausen and cornerback Drayton Florence.
The others are as follows: wide receivers James Shaw and Brenton Bersin, tight end Zack Pianalto, guard Hayworth Hicks, defensive tackle Sione Fua, linebackers Doug Hogue and Ben Jacobs, safety Robert Lester and running back Tauren Poole.
The 32-year Florence has spent most of his career as a starter with San Diego, Jacksonville, Buffalo and Detroit.
Notable Browns players cut on Friday include: DT Ronnie Cameron, WR Josh Cooper, CB James Dockery, DE William Green, TE Dan Gronkowski, LB Benjamin Jacobs, TE Evan Moore, DL Ernest Owusu, DL Brian Schaefering, FB Brad Smelley, LB Quinton Spears, RB Adonis Thomas, DL Kiante Tripp, QB Seneca Wallace and WR Rod Windsor.