Panthers sign LB Lloyd to 3-year, $45 million deal after Jaguars decline fifth-year option

The Carolina Panthers have signed linebacker Devin Lloyd to a three-year, $45 million contract, following his departure from the Jacksonville Jaguars.

Why it matters: The addition of Lloyd bolsters the Panthers' defense as they seek to improve their overall performance in the upcoming season.

  • With $25 million guaranteed, this investment signifies Carolina's commitment to enhancing their defensive unit.
  • Lloyd’s ability to play both inside and outside linebacker offers the Panthers flexibility in their defensive schemes.

What’s new: After being drafted 27th overall in the 2022 NFL Draft, Lloyd had a rocky start in Jacksonville but experienced a breakout season in 2025.

  • In that year, he recorded five interceptions, a fumble recovery, seven pass breakups, ten quarterback hits, and 81 tackles—demonstrating his versatility and playmaking ability.
  • Notably, he registered a 99-yard interception return for a touchdown against the Kansas City Chiefs, showcasing his athleticism.

By the numbers: Over four seasons with the Jaguars, Lloyd accumulated impressive statistics that underscore his potential impact.

  • His career totals include 436 tackles, nine interceptions, 3.5 sacks, 18 quarterback hits, 26 pass breakups, and five fumble recoveries.
  • During his best season, he allowed just one touchdown in coverage, indicating significant improvement in his defensive skills.

Yes, but: Despite these accomplishments, Lloyd faced challenges early in his career, including being benched for fellow rookie Chad Muma at times.

  • This inconsistency raised questions about his fit within the Jaguars’ defensive scheme, ultimately leading to the decision not to pick up his fifth-year option.

What to watch: As Lloyd transitions to the Panthers, observers should keep an eye on how he adapts to a new defensive system under the Panthers’ coaching staff.

  • His prior experience is likely to benefit him, especially given that he had the most pass-rush snaps of his career last season with the Jaguars.
  • The Panthers will aim to leverage his abilities effectively to strengthen their front seven.

The bottom line: Devin Lloyd’s signing represents a strategic move for the Panthers as they look to solidify their defense and build around young talent.

  • With his proven track record and room for further development, Lloyd could emerge as a cornerstone player in Carolina’s defensive plans going forward.
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