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Cam Newton contract: New England Patriots QB will only make $550,000 guaranteed, can earn up to $7.5 million (report)

The rest of Cam Newton’s numbers are out — and they’re extraordinarily team-friendly.

According to CBS’s Jason La Canfora, the newest Patriots quarterback will earn a base salary of $1.05 million with only $550,000 guaranteed.

Cam Newton contract: 1 yr $1.05m minimum base. Just $550k guaranteed at signing Up to $6.45m in incentives/per game roster bonuses. And no clause restricting a 2021 franchise tag. Patriots get a former MVP for less than many pay backup OL

— Jason La Canfora (@JasonLaCanfora) July 1, 2020

Beyond that, retaining the option to franchise tag Newton in 2021 is another huge advantage for the team.