Free-agent edge rusher Jaelan Phillips agreed to a four-year, $120-million contract with the Carolina Panthers, sources told ESPN's Adam Schefter.
The deal reportedly includes $80 million in guarantees.
Phillips was one of the top free agents available at his position after finishing the 2025 campaign with the Philadelphia Eagles.
Although the 26-year-old had only two sacks in eight games with Philadelphia, he posted a whopping 41 pressures, according to PFF.
Signing Phillips marks the first splash for a Panthers team that's looking to add star power and upside after making the playoffs with an 8-9 record this past season.
