As a Panthers fan, I don't like them getting rid of Keyshawn. If they have too many receivers, I'd rather them cut Colbert instead.
Regarding the $3M bonus, this was on
Charlotte.com
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Contrary to wide-spread reports, the Panthers did not pay Johnson a $3 million bonus on April 1. They did pay him $1 million on April 1, but that was money that was deferred from his initial $3 million signing bonus and had to be paid under any circumstances. The Panthers will avoid a $1 million reporting bonus that would have been due if Johnson came to training camp.
Johnson will be designated as a June 1 cut and that will allow the Panthers to spread out his salary cap hit over two years. Had Johnson played this year, he would have cost $3.25 million against the cap. Instead, he will count $1.25 million this year and $2.5 million against the 2008 cap.
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