He just signed a long-term deal with a ton of guaranteed money. The guarantees take away Carolina's leverage. He doesn't have to take a paycut, he can just let the Panthers cut him, take his checks, and go sign another contract elsewhere. Steven Jackson just got $12 million from the Falcons, with a $3.5 million dollar bonus.
Let's say your boss says that you can quit your job and still get paid. You also have the option to take another job and get paid twice. Moving is a hassle, but you're telling me an extra $10 million over the life of his next contract wouldn't entice him? He's human, and you're fooling yourself if you think he's going to willingly walk away from all that money.
Maybe you missed some of the posts in this thread explaining why DWill has no leverage, so let's try this again...
DWill has no guaranteed money left on his deal. We cut him and his earnings this year are zero until someone else picks him up.
The millions in dead money being discussed here are just cap charges. DWill received the money a couple of years ago.
So no, he has no leverage.