as long as he agrees to restructure I see no harm in keeping him around
we can't go into 2012 expecting him to be healthy though. backfired this time.
This is the way I see it. I think that he knows that his future in the NFL isnt looking too good right now, even though he is optimistic enough not to ever reveal that to anyone. I think that he knows that his best bet is to allow the Panthers, who know his potential, to give him a low contractual risk chance to play again, while remaining on the safe side.
His best bet is to restructure his contract in a way that we will pay him hardly anything at first, but as soon as he is able to remain healthy, and retain some of his past procution, incentives in the contract kick in and then he starts earning the top amount written in. It will still be a lowball move by the Panthers, but it should be a choice kept open in case Davis is not able to find another team willing to take the risk.
Anyway, It is a win-win situation. If he cant play anymore, we lost next to nothing. On the chance that he does return to form, we have a solid playmaker, and will be further protected for the risk in the future.