Cam Newton has signed a mega $103.8 million, 5 years contract with $60 million guaranteed keeping him with the Carolina Panthers until 2020.
Cam Newton’s new 5-year, $103.8 million deal also includes $60 million guaranteed, per source.
— Adam Schefter (@AdamSchefter) June 2, 2015
Interestingly Newton’s deal has an astonishing $67.6 million payout in the first 3 years, while the Panthers could have secured his services for $24 million using his fifth year option and franchise tag.
Cam Newton will earn $67.6M in the first 3 years of his deal, source said. Most money every in a 3-year period.
— Ian Rapoport (@RapSheet) June 2, 2015
Cam Newton Signs Contract Extension
The first overall pick of the 2011 draft has won 30 of his 62 starts at quarterback since joining the league and has made the post season the last two years. He will have plenty of opportunity to improve upon this number in the coming years.
Sources: The Cam Newton mega-extension being finalized with the #Panthers right now is expected to be 5 years, more than $100M.
— Ian Rapoport (@RapSheet) June 1, 2015
Early Monday Ian Rapoport cited a source, saying that a deal was close, this followed on from months of contract negotiation between the player and the team. Newton, 26 is known for his ability to beat teams with both his throwing and his ability to run the ball has amassed almost 14,500 yards passing and over 2,500 rushing yards in his 4 years in the league.
Newton missed two games in 2014 following an accident which saw him suffer a fractured back when his truck flipped over several times after leaving the Panthers training facility in December of 2014.
Newton was entering the fifth year of his rookie contract that would see him make $14.67 million. His deal follows on from the Miami Dolphins securing Ryan Tannehill’s services with a 6 year $95 million contract last month. While Carolina have secured Newton’s future with the team they will hope for an improvement in play; 2014 saw one of Newton’s worst performances only winning 5 games and the team limp into the playoffs with a 7-8 and 1 record.
With Newton’s deal in the books all eyes turn toward Russell Wilson and Andrew Luck, who are both in line for large contracts with their respective teams.
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