Cam Newton signed a five-year, $103.8 million extension which earns him $67.6 million in the first three years.
It averages close to $21 million/ year with $60 million guaranteed. The deal was negotiated between the Carolina Panthers and agents Bus Cook, Tony Paige and Chitta Mallik. It is one of the biggest deals in NFL history as players try to get more guaranteed money.
Guys like Russell Wilson, Andrew Luck, Philip Rivers and Eli Manning will definitely be happy about these numbers as all will soon be working on their new contracts