Shockey will be reunited with Panthers offensive coordinator Rob Chudzinski, who was his position coach at the University of Miami.
"Time for the Next chapter," Shockey wrote on his Facebook page. "This is a great opportunity for me, and I am excited to play football. Lets hope we all have the chance to play this season."
The flamboyant Shockey could be that guy, although the nine-year veteran has been slowed by injuries the past few seasons.
"We are very pleased to add Jeremy to our football team," Rivera said in a statement released by the Panthers. "He is a highly competitive player with a good skill set and a wealth of experience. He should make a solid contribution to our offense."
Shockey was traded to New Orleans before the 2008 season and caught a key touchdown pass in the Saints' Super Bowl victory one year later. But Shockey labored through injuries in all three seasons in New Orleans, and the Saints cut him loose with $4.2 million due to him in 2011, the final year of his deal.
Wilcots: Shockey not finished
If he can stay healthy, Shockey, who had 41 catches for 408 yards and three touchdowns in 13 games last season, will provide a target at tight end not seen in years in Carolina.
Copyright 2011 by The Associated Press