USA TODAY Sports

Wednesday afternoon, the Carolina Panthers announced that they have restructured starting right tackle Taylor Moton's contract to free up more cap space.

The team placed the franchise tag on him in 2021 before eventually working out a long-term contract extension worth $72 million over four years. This is the second consecutive offseason in which Moton's contract has been re-worked. Last year, the restructured deal cleared roughly $11.3 million in cap space.

According to OverTheCap, this year's restructure could save another $11 million.

More must-reads:

TODAY'S BEST
Key Knicks forward ruled out for Game 7 vs. Pacers
Pacers' Pascal Siakam leads team to Game 6 win vs. Knicks
Watch: Matt Duchene's 2OT winner sends Stars to conference final
Scottie Scheffler shoots improbable 66 after warming up for PGA Championship in a jail cell
Report: Tua Tagovailoa away from Dolphins amid contract chatter
Nuggets star has worrying comment about latest injury
Paul Skenes makes incredible Wrigley Field history in second-career MLB start
Giants rookie CF to undergo season-ending labrum surgery
Yankees' Juan Soto reacts to Hal Steinbrenner contract talk
Late goal sends Panthers to Eastern Conference Finals
Ex-teammate of Shohei Ohtani placed bets with same illegal bookmaker as interpreter 
Former Rams first-round pick retires from NFL after 11 seasons
Insider provides major injury update on Celtics' Kristaps Porzingis
Watch: Bruins strike first in Game 6 with incredible backhand goal
Dodgers make series of moves involving notable players
Hurricanes not expected to re-sign defenseman, center
Maple Leafs tab former Stanley Cup winner as new head coach
NFL insider expands on competition between Steelers QBs Russell Wilson, Justin Fields
NFL sets outrageous prices for Eagles-Packers Brazil game
Broncos 'very unlikely' to bring back former NFL interceptions leader

Want more Panthers news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.