The Panthers are working on a long-term deal with Pro Bowl kicker Graham Gano, sources tell Ian Rapoport of NFL.com (on Twitter). If a deal does not get done by Tuesday at 4pm ET/3pm CT, they’ll likely use the franchise tag on him. 
Early on in the offseason, it seemed likely that guard Andrew Norwell would be the most likely of any Panthers player to receive the franchise tag, a designation that can only be used on one player per team. However, the Panthers do not see room in the budget for a one-year, $14.5MM placeholder on Norwell given that they have already given a lucrative long-term extension to right guard Trai Turner. From the outside, defensive tackle Star Lotulelei also seemed to be a candidate for the tag, but that has also been ruled out by Carolina brass.
It’s not typical for a kicker to receive the franchise tag, but the tag price for kickers – estimated to fall between $4.8MM and $5MM – is more palatable than the cost for offensive linemen or interior defensive linemen.
Gano’s representatives are likely to use Ryan Succop‘s recent accord with the Titans as a framework for his deal. Succop’s extension is worth $20MM over five years with $7.25MM guaranteed at signing and a healthy cash flow of $8.25MM over the first two years. In terms of yearly average amongst kickers, Succop’s $4MM year falls behind only Stephen Gostkowski (Patriots, $4.3MM/year), Justin Tucker (Ravens, $4.2MM/year), and Mason Crosby (Packers, $4.025MM/year).
Gano’s 96.7% field goal percentage led the NFL in 2017 and former Panthers GM Dave Gettleman is reportedly hoping to bring him to the Giants. If the Panthers get an extension done with Gano, or if they use the tag on him, Gettleman’s reunion plans will be scuttled.