Sports: Cam Newton Agrees to $103.8M Extension, $60M Guaranteed

The Carolina Panthers have locked in Cam Newton through the 2020 season with an $103.8M extension.

The former 2011 NFL Rookie of the Year and 2-time Pro-Bowler is slated to be third-highest-paid quarterback during the NFL's 2015 season behind Aaron Rodgers ($22,000,000) and Ben Roethlisberger ($21,850,000) based on an average salary of $20.76 million a year.

Newton in a statement to the press said, "I'm thankful this opportunity came and it's over with, Now that I can focus on playing football and getting the Carolina Panthers to the Super Bowl and winning the Super Bowl, it puts me somewhat in cruise control at the moment."

The 2014 NFL season was a bit topsy-turvy for Newton and Panthers. With a struggling start, a losing record, and Newton being involved in a horrific accident, Newton showed grit willing his team to winning the NFC South division and earning a spot in the playoffs where they beat the Arizona Cardinals and ultimately losing to Super Bowl XLVIII Champions and Super Bowl XLIX runner-up Seattle Seahawks. 

 Via ESPN

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