Devin Lloyd

Free agent linebacker Devin Lloyd has agreed to a three-year deal with the Carolina Panthers. The contract is worth $45 million with $25 million fully guaranteed. The contract currently makes him the fourth-highest paid player at his position in the league.

Fantasy Impact

Lloyd has been linked to the Panthers for the past few days and Carolina made the signing official on Monday night. It's a big loss for the Jaguars as Lloyd earned All-Pro Second Team honors and a nod to the Pro Bowl for the first time in his career in 2025. He finished with 81 tackles, which was a career-low, but did have six tackles for a loss, 1.5 sacks, and a career-high five interceptions - one of which he returned 99 yards for a touchdown. He allowed just a 57.1 passer rating when targeted, and was credited with 28 pressures - the third most among off-ball linebackers. Lloyd was on the field for at least 15 games in each of his four seasons in Jacksonville and recorded at least 100 stops in his first three campaigns. Lloyd will immediately step into the starting lineup for the Panthers and should return to the century mark in tackles.

The Carolina Panthers have been linked to free agent LB Devin Lloyd.

Fantasy Impact

Lloyd is not expected to return to the Jaguars due to his high price. He should draw plenty of interest in free agency with the Panthers being among the teams to watch in the mix.

Devin Lloyd remains on track for free agency in March after the Jacksonville Jaguars declined his fifth-year option last spring. It is increasingly likely that Lloyd will take a big-ticket contract elsewhere as a franchise tag would mean Lloyd would cost roughly $28.2 million in 2026.

Fantasy Impact

The top of the linebacker market is currently at $21 million so a franchise tag would be a major surprise. It's more likely that a long-term deal would be in the cards for the four-year veteran. Despite seeing a decrease in his defensive snap share, Lloyd earned Second Team All-Pro honors in 2025 after recording 81 total tackles, 6.5 tackles for a loss, 1.5 sacks, five interceptions, and seven passes broken up in 15 games with the Jaguars.

Devin Lloyd (calf) fully practiced again on Thursday.

Fantasy Impact

It looks like the Jaguars will be getting their star linebacker back in the lineup in Week 10, as he has been a full participant at practice all week so far. His return will help to shore up a Jacksonville defense that has already looked pretty good through the first half of the season.

Devin Lloyd (calf) was a full participant at practice on Wednesday.

Fantasy Impact

Lloyd has been sidelined for several weeks while dealing with a calf injury, but he seems primed to make his return in the near future, as he was a full participant at practice on Wednesday. Jacksonville's defense will see a nice boost whenever he's back in the lineup for them.