I think what a lot of Panther fans don't realize is (especially the ones highly critical of Cam's "alleged accuracy issues"): Many of us have been telling you for the past several years the "Panthers have no legit receivers". And now Gettleman has come here, and realized the same thing himself.
Obviously, if the Panthers really do this; they feel the options that are on the free agent market are better than Smitty.
That's just how bad and average (including Smitty) the receiving corps were last year. And I agree, they were quite average (due to Smitty and a 1 and Lafell as a # 2 primarily, with Olsen having no YAC ability).
It's not just about salary or the cap hit. It's those things, combined with Smitty's production.
None of the Panther receivers last year, could at all, mind you routinely make circus catches that we see from other receivers and teams on a daily or multiple times during a game.