Gerald McCoy is signing with the Carolina Panthers, ESPN NFL Insider Adam Schefter reports.

Citing sources, Schefter says the team is giving the Tampa Bay Buccaneers' former defensive tackle a one-year deal.

Tampa Bay Times sportswriter Rick Stroud says McCoy's $8 million contract could be worth as much as $10.25 million.

The six-time Pro Bowl player had been with the Bucs since being the third overall NFL Draft pick in 2010. 

During his nine seasons with the Buccaneers, McCoy started all 123 games he played in, recording 297 tackles (79 for loss), 54.5 sacks, 22 passes defensed, six forced fumbles and four fumble recoveries. 

McCoy is one of only five players in franchise history to earn at least six consecutive Pro Bowl berths, joining Hall of Famers Derrick Brooks, Warren Sapp and Lee Roy Selmon, as well as Ring of Honor inductee Mike Alstott.

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