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Cam Newton Signs One-Year Deal W/ Patriots ... To Compete for Top QB Spot

Cam Newton is getting a new lease on football life -- for at least a season, anyway -- 'cause the New England Patriots have signed the veteran quarterback to a deal.

The ex-Carolina Panthers stud -- who took his team to the Super Bowl in 2015 -- has agreed to a one-year contract with the team, which is said to be incentive-based ... so not a whole lot of money up front. Definitely a ton of opportunity though for the former starter, especially if he performs well. NFL Network's Ian Rapoport says the contract is worth up to $7.