The Panthers are swapping out receivers on their 53-man roster on Saturday by re-signing veteran Hunter Renfrow and placing Jalen Coker on injured reserve, per FOX Sports’ Jordan Schultz and Joe Person of The Athletic.
Renfrow, 29, sat out the 2024 season as he dealt with a case of ulcerative colitis. He signed with the Panthers in April and spent training camp with the team before being released during final roster cuts. They wanted to keep him in the building, but as a vested veteran, Renfrow was free to sign with any team. Multiple were interested, per Schultz, but Coker’s IR placement allowed the Panthers to give the veteran wideout a spot on the active roster.
Coker pulled his quad chasing a deep ball during a 1-on-1 drill in a fully-padded practice on Thursday and is expected to miss four-to-six weeks, according to Person. The injury happened one day after the Panthers traded Adam Thielen, their primary slot receiver for the last two years, to the Vikings.
Panthers general manager Dan Morgan said on Thursday (via Mike Kaye of The Charlotte Observer) that Coker would “step into the slot” after Thielen’s departure. Morgan also said that he had enough confidence in the team’s trio of young receivers – Coker, Xavier Legette, and Tetairoa McMillan – to trade Thielen.
We have guys that we’re really excited about,” explained Morgan, “and that definitely made me feel more comfortable pulling the trigger and trading [Thielen].”
Renfrow’s “peaks and dips” in the preseason were the reason the Panthers cut him this week, according to head coach Dave Canales (via Person). However, his experience in the slot – where he’s played 72.8% of his career snaps, per PFF (subscription required) could give him a role right away.
The 2019 fifth-round pick leveraged interest from other teams and the Panthers’ need at the psoition into a stronger deal than the $1.3MM deal he signed in April. Renfrow’s new contract is worth $2.25MM ($2MM guaranteed), according to Person. It includes a signing bonus as well as incentives that can bring his compensation to $3MM, per Kaye.
The Panthers may also give sixth-round rookie Jimmy Horn Jr. after he led the team in slot snaps during the preseason (via PFF) and made the 53-man roster. Coker, meanwhile, will spend at least four weeks on the IR as he rehabs his quad and looks to regain his role in the slot upon his return.