Panthers to waive WR Terrace Marshall Jr.

Marshall struggled to find a regular role during his time in Carolina, a span which included the tenures of head coaches Matt Rhule and Frank Reich and the interim coaches who took over after their respective firings. The former second-rounder’s best season came in 2022 when he totaled 490 yards on 28 receptions.

Viewed as a deep threat coming into the league, Marshall sports a 12.0 yards per catch average (albeit on a limited number of opportunities). The LSU product saw his playing time fluctuate throughout the past three seasons, and in 2023, his snap share fell to 55 percent. After being a potential trade chip in previous seasons, he was again on the market during the build-up to roster cutdowns. With one year remaining on Marshall’s rookie contract, no suitors emerged.

The 24-year-old will now hit the waiver wire, and teams that were hesitant to offer draft capital to the Panthers may be inclined to put in a claim. If that does not take place, Marshall will become a free agent. A depth role should await him in any case, though his age and deep-ball ability offer an upside to any potential suitors. Once initial rosters have been set, a market could develop on a low-cost deal in the event no waiver claims are made.

For Carolina — a team now depending on rookie head coach Dave Canales to oversee quarterback Bryce Young‘s development — Tuesday’s move provides clarity at the receiver position. 

Returning veteran Adam Thielen, trade acquisition Diontae Johnson and first-round rookie Xavier Legette headline the Panthers’ depth chart. 2023 second-rounder Jonathan Mingo is also in place, and he is under team control for three more years. That group will move forward without Marshall in the picture.