Edge rusher Jaelan Phillips and Panthers agree on a $120 million, 4-year deal, AP source says

By Canadian Press on March 9, 2026.

Edge rusher Jaelan Phillips and the Carolina Panthers have agreed on a four-year, $120 million contract, a person with knowledge of the deal told The Associated Press on Monday.

The person, who spoke to the AP on condition of anonymity because the contract can’t be finalized until the start of the new league year on Wednesday, said the contract includes $80 million guaranteed.

The Philadelphia Eagles were hoping to retain Phillips after trading a third-round pick for him at the trade deadline last season.

Phillips had five sacks for the Dolphins and Eagles. A first-round pick in 2021, Phillips has 28 sacks in five seasons.

The NFC South champion Panthers finished 8-9 last season and lost to the Los Angeles Rams in a wild-card game.

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AP NFL: https://apnews.com/hub/NFL

Rob Maaddi, The Associated Press

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