The owner of Fanatics apparel has emerged as "a serious bidder" to buy the Panthers.
The team will save $6.5 million in salary cap space by cutting the veteran cornerback.
"My decision will be based purely on my health," Thomas said Saturday.
According to reports, four-time NFL Pro Bowler Richard Sherman has agreed to a three-year deal with the San Francisco 49ers.
Richard Sherman was released by the Seahawks Friday.
Danny Shelton's move to the Patriots marks the fourth trade the Browns have made in less than 24 hours.
LeBron James said he will never switch from the NBA to the NFL, but that's not stopping JuJu Smith-Schuster from trying to sway him.
Sherman was released by the Seahawks on Friday, but he's already received interest from Titans, Lions, Raiders, Texans, Bucs and Packers.