Cam Newton, Panthers agree to $103.8M, 5-year extension

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

CHARLOTTE, N.C. — Carolina Panthers quarterback Cam Newton has signed a five-year- contract extension.

According to ESPN, the extension is worth $103.8 million.

The extension features $60 million guaranteed and will earn Newton $67.6 million in the first three years, a source told ESPN.

Newton will now be the highest-paid player this season.