Damarri Mathis will not be available to the Panthers in 2025. The fourth-year cornerback has suffered an ACL tear, head coach Dave Canales said on Friday (via ESPN’s David Newton). 
Mathis spent his first three seasons with the Broncos, and he was in Denver through the summer. The former fourth-rounder was among the team’s roster cuts last week, and he hit the waiver wire as a result. The Panthers added Mathis via a claim.
Instead of having him available for the final season of his rookie deal, however, Carolina will be shorthanded at the cornerback spot. The 26-year-old made 43 appearances and 13 starts over the course of his Broncos tenure. Adding to those totals would have helped Mathis’ market value ahead of his first trip to free agency next spring. Now, his attention will turn to surgery and a lengthy rehab process.
The injury will deal a blow to Mathis’ earning potential on the open market. The Missouri product emerged as a trade candidate last season, but Denver elected to keep him in the fold through the remainder of the campaign. Mathis was not a regular contributor on defense, but he chipped in on special teams with a snap share of 44% in that regard. At least a part-time role in both capacities could have been in store with the Panthers.
Instead, Carolina will move forward with a cornerback group led once again by Jaycee Horn after his massive extension was worked out in the offseason. Michael Jackson, Akayleb Evans, Chau Smith-Wade and Corey Thornton round out the team’s depth chart at the position. Mathis will head to injured reserve, and it will be interesting to see if the Panthers pursue an addition in his absence.
Carolina entered Friday with roughly $14MM in cap space. As a result, a low-cost addition could be feasible. Kendall Fuller and Mike Hilton are among the most experienced options still on the market, while Stephon Gilmore is still unsigned. Gilmore – whose most recent Pro Bowl season (2021) came with the Panthers – said in July he would be open to continuing his career in 2025, but only under the right circumstances. It remains to be seen if a Carolina reunion would qualify, but in any case the team could stand to add depth in the secondary.