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Panthers Land Jaelan Phillips on Four-Year, $120 Million Deal

The 26-year-old edge rusher chose Carolina during the tampering window to address the Panthers’ pressing pass-rush need.

Overview

  • Multiple outlets report the agreement includes $80 million guaranteed and cannot be finalized until the new league year begins on March 11.
  • Phillips’ move follows morning reports of significant progress toward an Eagles extension before negotiations opened leaguewide.
  • Carolina, which finished near the bottom of the league in sacks last season, targets Phillips to bolster the edge and complement defensive tackle Derrick Brown.
  • The $30 million average annual value places Phillips among the highest-paid edge rushers, ranking eighth at the position per Over The Cap.
  • Despite a torn Achilles in 2023 and a partially torn ACL in 2024, Phillips played a full 2025 season with strong pressure totals, leaving Philadelphia to address thin edge depth and potentially qualify for a future compensatory pick.