The Panthers have signed the first of their seven draft picks, reaching a deal with seventh-round choice Captain Munnerlyn. The team also has waived undrafted rookie running back Markus Manson and cornerback Reggie Sullivan.

The 5-foot-8 Munnerlyn is expected to compete for Carolina’s kick returning job and for a spot at backup cornerback. He had five interceptions, two forced fumbles and three fumble recoveries in 36 games at South Carolina.

Without a first-round pick, the Panthers aren’t expected to have trouble getting their rookies signed before the start of training camp on Aug. 2nd.