This is a risky move by the Panthers, because another team can claim him. If I was the Tampa Bay Buccaneers I would claim Alexander. Whoever claims him can place him on the I/R for the year and have first dibs to re-sign him next year, they just have to wait until September 1st to make the move.
Alexander is a very solid player, who could be a steal for someone via the waiver wire.
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