Norwell's new contract will pay out at an average of $13.3 million per season, slightly edging out Los Angeles Chargers left tackle Russell Okung-whose current agreement brings in a $13.25 million salary-for the highest annual income of any offensive lineman.
The deal is expected to be for five years and $66.5 million with $30 million in guaranteed money, according to Schefter.
On Monday, Art Stapleton of NorthJersey.com reported hearing that the San Francisco 49ers were "linked to" the top free agent guard about to hit free agency, Andrew Norwell.
Nothing is official until Wednesday at 4:00 p.m. ET but the Colts have lost out on some of the big names early in the legal tampering period as wide receiver Allen Robinson intends to sign with the Chicago Bears.
The Giants had their sights set on Norwell to anchor an offensive line rebuild, but not must turn their attention elsewhere.
At the guard position, ex-Titans' Josh Kline could be an option for the Giants, but Tennessee is in talks to keep the 28-year-old in house. However, Solder is considering an offer from the Cleveland Browns, according to multiple reports.
As Stapleton points out, Norwell joined the Panthers in 2014 as an undrafted free agent.
Carolina's immediate contingency plan at left guard includes second-year player Taylor Moton and versatile center/guard Tyler Larsen.
Large-Cap Stocks Mostly Lower on Monday, Tech Stocks Gain
Shares of Micron Technology (MU.O) rose 8.8 percent to $59.37 after analysts at Nomura raised their target for the stock to $100. Johnson Controls was up 1.6 percent after saying it would consider selling a business that makes batteries for vehicles.