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Newton inks five-year extension

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Cam Newton #1 of the Carolina Panthers throws a ball during warm-ups prior to the 2015 NFC Divisional Playoff game against the Seattle Seahawks on January 10, 2015 in Seattle, Washington (AFP Photo/Steve Dykes)

Charlotte (AFP) - All-star quarterback Cam Newton has signed a multi-million dollar, five-year contract extension with the Carolina Panthers, the National Football League club announced on Tuesday.

The US media reported that the deal is worth $103.8 million and includes $60 million in guaranteed money.

"I've said all along, Cam is our franchise quarterback. We are absolutely thrilled that we got the extension done," Panthers general manager Dave Gettleman said.