A low-risk futures deal with minimal immediate roster impact for Carolina. Five headlines covered the move, but none suggest significant excitement or strategic importance. The 'futures deal' tag is the key signal — this is a developmental, offseason-only signing. Fans had largely written off Reid, per one outlet, making this a mildly surprising but inconsequential move. Reid faces long odds to crack the 53-man roster when training camp opens.
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Contract Value Index (CVI)
C-
Fair Value
OverpayFair ValueGreat Value
This signing grades out as an overpay for the Carolina Panthers — the team is paying more than the on-field production currently warrants. Michael's on-field performance ranks in the bottom quartile among NFL CBs, grading him as an unproven at the position. His $885K average annual value ranks as bargain money for the CB market. The concern here is the gap between production and cost — unproven output at bargain money means the team is paying a premium above the player's on-field value. The one-year deal minimizes the team's financial risk, effectively making this a prove-it contract.
Contract Details
Length
1 year
Total Value
$885K
AAV
$885K
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