McCloud was waived by the Panthers on Tuesday, Steve Reed of the Associated Press reports.
This doesn't come as a surprise, as McCloud has recorded six fumbles on returns in his last three games. While coach Ron Rivera reiterated how talented McCloud is, ball security is a top priority for the team. With that, McCloud will likely clear waivers and be an unrestricted free agent while the Panthers will need to find a new top return man, whether that be internally or via a free-agent signing. Fortunately for them, they have the week off to figure that out with a bye ahead.