Receiver DJ Moore, Panthers agree to a three-year contract extension through 2025
The Carolina Panthers have agreed to a three-year contract extension with wide receiver DJ Moore, according to the team. The contract is worth $61.9 million in new money and $41.6 in guaranteed cash, according to his agent, Drew Rosenhaus.
Moore, a 2018 first-round selection, was set to play 2022 on the final year of his rookie contract. He is now signed through the 2025 season.
Carolina has been working on extending Moore for a while and finally reached an agreement on Friday. The contact averages out to $18.25 million per season, making Moore the eighth-highest paid receiver in football, though that will likely change in the coming weeks as other wide receivers negotiate deals.
By comparison, Davante Adams, who has the highest after his trade and extension to the Raiders averages $28.2 million, and DeAndre Hopkins averages $27.2 million.
Despite the Panthers’ offensive struggles, Moore has eclipsed 1,000 yards receiving in three straight seasons. He is already fourth all-time in franchise receiving yards, behind Steve Smith, Muhsin Muhammad, and Greg Olsen.
Locking Moore into a long-term contract should provide immediate cap relief. The Panthers also restructured the contract of wide receiver Robby Anderson on Friday. The move freed up $5.8 million in cap space by converting about $11.8 million of his salary to a signing bonus.
Moore, Anderson, and second-year receiver Terrace Marshall Jr. highlight an explosive receiver room around which new offensive coordinator Ben McAdoo can build — for whomever starts at quarterback in Week 1.
Reporter Jonathan M. Alexander contributed to this story.
This story was originally published March 18, 2022 at 3:50 PM.
