It's Official. Cam Newton signs $103.8 Million extension over 5 years.

[SpeedOFLight]

Nice! Happy for Cam and our franchise.  If only I had the strength to go out for a celebratory beer. I'm exhausted lol

[csx]

$60 million guaranteed.  

 

I can live with that. Seems reasonable. 

I'm not really complaining about it but it's the most guanteed money per year in the league. Did you expect more?

[teeray]

At least 6 more seasons of this

[csx]

​It's an extension. He'll make $14.67 million next season on the 5th year option and the extension starts after that. So 14.67 + 103.8 = 118.47. Divide that by the 6 years total and it comes out to $19.75M/year. Not entirely sure how the guaranteed works since the structure hasn't come out yet, but that should be available soon.

That's not how extensions work. 

[carpanfan96]

22.5 million signing bonus, 7.5 million roster due June 6th, 1 million salary. 31 million fully guranteed this season. 

With that information,  we know year 2 and 3 will average 18.3 million.

[frash.exe]

"I'd love to hear AceBoogie's thoughts on this."

-No One Ever

Well apparently Dave Gettleman was quoted as saying, "aceboogie really convinced me more than anything else to extend Cam. So you can thank him first."

[t96]

That's not how extensions work. 

 

​$14.67 million: This is technically an extension, so Newton’s new contract will essentially start in 2016 and run through the 2020 season. Under the terms of the fifth-year option he signed last spring, he was set to make $14.67 million in 2015.

http://blackandbluereview.com/numbers-to-know-about-cam-newtons-upcoming-contract/

 

They can structure it different ways by adding some guaranteed money this year but that's essentially what he's making over the 6 years.

 

[Kakarot]

Most of the contract hits the first 3 years. Good...after that is when we have to deal with Star, KK, and KB.

Congrats to my boy Cam, though! Definitely my favorite player/Panther. His signing has brought a smile to my face. 

[*FreeFua*]

F*CK YEAH!!! Well deserved!!!

Suck it haters/losers!

[jbland]

Congrats cam. Glad you'll be here for at least the next few years. 

[TheRumGone]

I have a boner

[Ornias]

His cap number will be decreasing as the cap is increasing. Good news all around. Plus side is he has now set the bar for Luck and Wilson, bye bye cap space Seattle and Indy.

[csx]

 

 

http://blackandbluereview.com/numbers-to-know-about-cam-newtons-upcoming-contract/

 

They can structure it different ways by adding some guaranteed money this year but that's essentially what he's making over the 6 years.

 

He will make 31 million this season. 

[CatMan72]

Good deal, plenty of $$$ for our franchise QB without breaking the bank.