The Panthers officially bring their X-wide receiver into the fold. McMillan should immediately compete for the team lead in targets and should produce fantasy-friendly results in year one. The Panthers also signed third-round OLB Princely Umanmielen, fourth-round S Lathan Ransom, fifth-round DT Cam Jackson, fifth-round TE Mitchell Evans and sixth-round WR Jimmy Horn Jr.. Dynasty managers should take note of Horn, who could eventually work his way into three-wide receiver sets.

Kaye said he expects McMillan, taken with the eighth overall pick in the 2025 NFL Draft, to primarily occupy the outside X spot and be an “immediate fixture” in Dave Canales’ offense. Xavier Legette, according to Kaye, will play the Z position while Adam Thielan occupies the slot. “Despite those immediate roles, the three players will likely get the chance to move around the formation,” Kaye added. That’s likely a positive for McMillan’s 2025 fantasy outlook after he proved one of the nation’s most efficient receivers on slot routes at Arizona in 2024. McMillan was the first wideout selected in the draft after racking up 213 receptions for 3,423 yards and 26 touchdowns in 37 games at Arizona. Bryce Young reportedly vouched for McMillan before the Panthers used their first rounder on him.

The Panthers desperately needed to add a receiver this offseason, but it sounds like Young got his guy in McMillan. The 6-foot-4 wideout will provide an immediate upgrade to a receiving corps that saw Xavier Legette, David Moore, and Adam Thielen as their top three route runners last season, per PFF. McMillan provides a wide catch radius and caught 60 percent of the contested targets that came his way last season at Arizona. McMillan was already expected to see plenty of targets funneled his way early into his Panthers tenure, but having his quarterback personally vouch for his selection is a good anecdotal sign for an incoming rookie.