By Associated Press - Tuesday, October 2, 2018

CHARLOTTE, N.C. (AP) - The Panthers have signed punter Michael Palardy to a three-year contract extension, keeping him with the team through the 2021 season.

Financial terms of the deal were not released Tuesday.

Palardy established a new franchise record 42.4-yard net punting average last season with 25 punts landing inside the 20 with only four touchbacks.

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This season Palardy has raised his net average to 42.7 yards.

Palardy replaced an injured Andy Lee midway through the 2016 season, and then won the job outright from Lee the following summer in training camp - even though the Panthers had given up a fourth-round draft pick to acquire the veteran Lee.

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