I don't know if he's on the trading block, but he's probably on his way out after this season, unless we get a GM that wants to keep two backs. I don't like to see loyal/respectable Panthers leave, but unless Williams takes a severe salary cut, he's going to be gone regardless. I think I remember someone saying his remaining contract can be dropped, as no more is guaranteed, or something along those lines.
As for the team, if we could trade Williams for a desperate team's 2nd rounder we'd be much better off. As far as trades go, we'd probably be lucky to get a 3rd though.
I keep reading people say that we're in the hole $13M already for next season. Anyone know if that's true? If so, there's likely to be a lot of cutting/trading/re-signing.