The Carolina Panthers don’t have names on the roster that necessarily jump off the page to you with the exception of Cam Newton. He’s essentially their entire offense. As such, they’re about to pay him accordingly.
Carolina is usually in the playoff discussion somehow and that’s largely due to Cam who is about to be given a nice pay day.
Negotiations between the Carolina Panthers and Cam Newton intensified over the weekend and the two sides are close to finalizing a contract extension that would keep the franchise quarterback with the Panthers through the 2020 season, two league sources told the Observer on Monday.
A deal that could average upwards of $20 million could be done as early as Monday, one of the sources said.
Charlotte sports radio station ESPN730, which is owned by former Panthers general manager Marty Hurney, first reported the news of Newton’s imminent contract extension.
Newton, the No. 1 overall pick in 2011, is scheduled to make $14.67 million this season after the Panthers picked up their club option for his fifth year.
H/T: Charlotte Observer