The first overall pick of the 2018 NFL Draft was traded away by the Cleveland Browns in July, with the Panthers giving up a conditional fifth-round draft pick.
After competing with Sam Darnold for the starting quarterback berth, Mayfield started the season as QB1 until suffering a high-ankle sprain in a Week 5 loss to the San Francisco 49ers – returning in Week 8, when he was backup for P.J. Walker.
Having made his last appearance in a Week 11 defeat to the Baltimore Ravens, the NFL Network's Ian Rapoport reported Mayfield will be released by the Panthers and will hit the waiver wire on Monday.
Mayfield will depart the Panthers with a disappointing 1-6 record, throwing as many interceptions as touchdown passes (six).