The Panthers are about $15 million over the reported $121.1 million salary cap. Teams must be below the cap by 4 p.m. on March 12, giving new general manager Dave Gettleman a month to decide who stays and who goes, Joseph Person of the Charlotte Observer reports. League sources expect Gettleman’s first major move to be the release of veteran cornerback Chris Gamble, which would free up $7.9 million in cap space. Source: The Redzone
