Tolbert, who used to be with the San Diego Chargers, joins the duo of DeAngelo Williams and Jonathan Stewart who have combined for nearly 5,000 rushing yards over the past three seasons.
“Mike is a very versatile player who can do a lot of different things for us,” Panthers general manager Marty Hurney said. “He plays fullback, catches the ball well out of the backfield, plays running back, and is an outstanding special teams player. It was a good fit and gives us a chance to add another weapon on offense. We are excited about bringing him back to the Carolinas.”
Tolbert signed withe Chargers after being undrafted coming out of Coastal Carolina in 2008.
Tolbert has played in all but 2 games the last three seasons and shined when injuries took starters out. In 2010, when starting running back Ryan Mathews missed four games, Tolbert never missed a beat and, finished the season with a team-leading 735 yards and 11 touchdowns.
Tolbert can also be an asset to the Special teams unit; he tied for the team lead with 12 special teams tackles in 2011 and has 42 career special teams tackles.