I'm inclined to assume that the Panthers did their Due Diligence before cutting'm loose ~ by which I mean: put the Word out before Cutting Bait, as I would've, that Norman was In Play, and that they were perfectly willing to accept whatever Market Value was for a Tag & Trade type Deal.
But I kind of doubt that.
I get the strong impression that the Panthers didn't plan ahead on this one.
Had
I been in their Position, I would've put the Word out way back before Free Agency officially started that Norman was In Play, that I would not try to insist on the official Compensation for a Franchise Player, and that I would be perfectly happy to accept whatever The Market offered for his Services.
In EarthSpeak: Whoever was willing to pay the highest Compensation for the right to sign Norman, given of course that they came to an Agreement with Norman, himself, would be who I'd deal with.
Big Fan of Norman ~ I mocked'm to us back in 2012, after all ~ but paying 15 Mints for a CornerBack in the Salary Cap Era is far less attractive than liberating the 15 while gobbling up juicy Draft Capital!!
Back in early March, far more Teams had oodles of Cap Space to work with than did this week.
Quite possibly, the Panthers could've Tagged & Traded'm for a 1st Rounder.
Maybe more.