Panthers cut DE Wallace to clear cap space

CHARLOTTE, N.C. (Feb. 19, 2007) -- The Carolina Panthers made their first move of the offseason to clear salary cap space by releasing veteran defensive end Al Wallace.

Wallace was a key reserve in 2006, but was scheduled to count almost $2 million against the salary cap next season. Releasing him clears more than $1 million in cap space and will keep the Panthers from paying him an offseason roster bonus.

Wallace, acquired from Miami in a 2002 trade, never missed a game in five seasons with Carolina. Last season he had 30 tackles, three sacks and 13 quarterback hurries. But Wallace turns 33 next month and Carolina is expected to give Stanley McClover, a rookie last season, more playing time in 2007.

Carolina entered the offseason over the salary cap and must make several more key decisions in the next couple of weeks. Carolina must decide whether to keep several veterans, including linebacker Dan Morgan, who missed all but one game last season due to recurring concussions. Morgan said last month that he has been cleared to play next season, but is due a $2 million roster bonus.

This situation makes me feel even better with what TT has done with the Packers. He hasn't put them in a position to have to cut good players because of not being prepared for the next season.

we could use a cheap defensive end that had 30 tackles 3 sacks and a handful of hurries....

why not get some DE depth. especially if we ship out kgb

Wallace might be worth a look, Morgan, no way.