Carolina Panthers quarterback Cam Newton agreed to a five-year, $103.8 million extension with the club on Tuesday. In doing so, he becomes the first upper-echelon young signal caller to agree to a new deal with his team.
While a bit ludicrous on the surface, this deal seems to be fair-market value for a successful young signal caller in today’s NFL. It also sets the market for Andrew Luck and Russell Wilson, both of whom are slated to receive extensions far outpacing Newton’s in the not-so-distant future.
Here are some numbers regarding Newton’s contract:
* The $60 million guaranteed ranks Newton second behind Colin Kaepernick of the San Francisco 49ers.