The Eagles made the signing of Rashaad Penny official at 4pm on Wednesday and that left Miles Sanders without a spot on the roster.
Per Adam Caplan, Sanders will be joining the Carolina Panthers on a four-year deal.
4-year deal for Sanders with #Panthers, reunited with RBs coach Duce Staley. https://t.co/FsCfcMIB7V— Adam Caplan (@caplannfl) March 15, 2023
4-year deal for Sanders with #Panthers, reunited with RBs coach Duce Staley. https://t.co/FsCfcMIB7V
Sanders will join Frank Reich’s offense and re-join Duce Staley.
Sanders racked up the first 1,000-yard season of his career in 2022 and played himself into what should be a pay day (though the money on the deal was not readily available).
Sanders would figure to be the lead back in Carolina, so it’s a good opportunity for more reps than he’s seen previously.
A Pittsburgh native, Penn State letterman and second-round pick of the Eagles, this would be the first time Sanders plays for a team that isn’t based in PA.
Update: The deal for Sanders is reportedly worth $25 million. That comes out to $6.25 APY and would net the Eagles a sixth-round compensatory pick based on the benchmarks set for the 2023 draft.
The Miles Sanders deal with the #Panthers is for $25 million over four years, per sources.— David Newton (@DNewtonespn) March 16, 2023
The Miles Sanders deal with the #Panthers is for $25 million over four years, per sources.
That $6.25 million mark is also notable as the Eagles will be paying Gainwell, Penny and Scott less than that combined.
Free Agency Recap:
TJ Edwards (Chicago)
Javon Hargrave (San Francisco)
Andre Dillard (Tennessee)
Marcus Epps (Las Vegas)
Kyzir White (Arizona)
Miles Sanders (Carolina)