I wrote my column for today on the Panthers' two competing philosophies: The "win-now" approach of Coach John Fox (who certainly needs to be that way because he's in the final year of his contract) vs. the "rebuild-now" approach of the Panthers, who have been cutting players over 30 left and right.
I think those two philosophies are at cross-purposes, although certainly there's a chance the Panthers can rebuild on the fly and still win if Matt Moore has a huge 2010, the running backs go crazy, a new pass rusher emerges, etc. But it'll be tough -- some of the arrows have certainly been taken out of Fox's quiver.
One update: after the story went to press, the Panthers signed 2009 starting DE Tyler Brayton. This is a positive move and means that Carolina now at least has one starter on the defensive front four back for 2010 (it had been zero until late Wednesday).