As Andrew Brandt reported last season, the structure of Delhomme’s contract means the quarterback is guaranteed a $12.7 million payout if the Panthers didn’t exercise a couple of options. Apparently, they’re not doing that and they’re on the hook for $12.7 million.
Good thing there’s not a salary cap this year. Also, I think it's a safe bet that the Panthers asked Delhomme to retire and end things gracefully. But Delhomme is a competitor and apparently thinks he still can play.