The Carolina Panthers have announced they have cut Chris Gamble, according to the team's Twitter feed. It's a move that frees up $7.9-million in cap space, and puts the organization under the 2013 salary cap.

If you followed the situation closely it was a matter of 'when', not 'if' the Panthers decided to release the nine-year veteran. A large cap figure, paired with recent injury made it impossible to justify keeping him on the roster. This was further exacerbated by a young secondary, who showed no appreciable drop-off following Gamble being placed on injured reserve in 2012.

This was a move that needed to be made, but leaves the Panthers vulnerable at cornerback. They now turn to a group of mid-round draft picks, and un-drafted free agents to fill their CB position -- and it remains to be seen whether the organization will retain Captain Munnelyn, an unrestricted free agent. At the end of the season James Dockery, and Josh Thomas showed promise -- but neither are reliable starting cornerbacks. Meanwhile, 2012 fifth round pick Josh Norman showed early promise, but faded as a the season progressed, and was ultimately benched.