Blog Entry

Cam Newton signs $22M guaranteed contract

Posted on: July 29, 2011 6:46 pm
Edited on: July 29, 2011 10:16 pm
 
Posted by Will Brinson

Cam Newton, the Panthers No. 1-overall draft pick, has signed his contract, and will make more than $22 million over four years, all of which is guaranteed.

Bus Cook, Newton's agent, told the The Associated Press via a text message Friday night that the deal was for four years and "$22 million-plus."

That's according to our Carolina Rapid Reporter Steve Reed, who cites a source close to the negotiations.

Newton, who played one year at Auburn before turning pro, will make substantially less than last year's top pick, Sam Bradford made. Like, a lot less: Bradford signed a deal for $78 million over six years.

But that money, freed up by new CBA rules governing rookie salaries, also allowed the Panthers to go out and sign some of their bigger names -- Charles Johnson, DeAngelo Williams -- in free agency.

Newton was seen Friday evening driving into the back lot of the Richardson Physical Activities Building and entering the offices that serve as team headquarters for Carolina's training camp at Wofford College.

Panthers coach Ron Rivera had said earlier Friday that he expected the former Auburn quarterback to be at Wofford when Carolina held its first practice session on Saturday. Also earlier Friday, general manager Marty Hurney said the sides were making good progress on an agreement.
Free Agency Frenzy

It's a testament to Jerry Richardson's involvement with the CBA that Carolina was able to pull off such moves; it's highly unlikely he would have drafted Newton if he'd thought that the quarterback would make the type of money that previous top-selected quarterbacks did.

Instead, the Panthers were able to not only pick up a potential franchise quarterback -- who, admittedly, has boom-or-bust potential -- but also reload their roster with the top talent that appeared to be headed elsewhere.

That might not ease the pain of losing $30 million in guaranteed money for Newton, but it'll at least ease his transition into the NFL.

"I don't think it's going to be a problem for me. I think it's just timing more than anything," Newton said last May. "Just repetition as far as me knowing what I have to do, knowing the assignment, the alignment and what everybody's doing on that particular play."

Newton has had Chudzinski's playbook since April 29, when a judge temporarily lifted the lockout. Panthers receiver Steve Smith said he was impressed with Newton's skills he saw during private workouts the two have had before labor peace was reached.

Another Panthers rookie from Auburn, receiver Darvin Adams, called Newton a "natural born leader."

Newton will be looked at to bring stability to a position where the Panthers struggled greatly last season. Carolina was last in several NFL categories and finished with the fewest points in team history.

Rivera said Newton would battle for the starting job with the quarterbacks in camp, last year's starter Jimmy Clausen and Tony Pike. General manager Marty Hurney didn't rule out bringing a veteran quarterback to add depth during camp.

The Associated Press contributed to this report. For more NFL news, rumors and analysis, follow @cbssportsnfl on Twitter and subscribe to our RSS Feed.
Comments

Since: Feb 11, 2009
Posted on: July 30, 2011 6:38 am
 

Cam Newton signs $22M guaranteed contract

Aha.  The new CBA kicks in.  Admittedly, St. Louis won a gamble with Bradford last year.  But things have changed, and until a player actually gets in a game situation, you really don't know how the gamble is going to pan out.  Even if Newton is a bust, he'll still be a relatively rich one.  But I'm thinking he's got to be an improvement over Clausen.



Since: Dec 22, 2009
Posted on: July 30, 2011 4:41 am
 

Cam Newton signs $22M guaranteed contract

I have to agree with this new CBA agreement. There was a lot of money thrown at rookies who had only shown potential. Owners had enough and probowlers drafted in later rounds had to be pissed. I have to wonder how this will change draft strategy going forward.



Since: Sep 14, 2010
Posted on: July 30, 2011 3:10 am
 

Cam Newton signs $22M guaranteed contract

How much did Pimp Daddy want tax free on the side to allow his son to play for Carolina?  I am sure his church needs some work.



Since: Aug 20, 2009
Posted on: July 30, 2011 2:46 am
 

Cam Newton signs $22M guaranteed contract

War Eagle....



Since: Aug 4, 2009
Posted on: July 30, 2011 1:03 am
 

Cam Newton signs $22M guaranteed contract

That's a lot of money to hand the football off. Character issues in the NFl don't mean squat, the Panthers put down money of so few.  It's going to be a long expessive year.



Since: Jul 6, 2008
Posted on: July 30, 2011 12:26 am
 

Cam Newton signs $22M guaranteed contract

jamarcus scored 6 on auburn !!! lit notre dame up and made millions . vince was even as a rookie then made the playoffs lost and never was a factor after that.this cam newton led auburn to the national championship .he did jackson .walker tebow stuff excuse me but hes bigger stronger and a better passer than whats in denver .he runs like a deer got a 60+ yrd arm his worst game was against oregon but it had been 6 weeks sence a game . after bama he went off on scarolina for the second time but worse it wasnt a breackout it was blowout seems like he likes the georgia dome .u go back and look at this guy he looks the same small and jc then the way he looked in jc he looked the same in the sec amazing.troy went though hell his first yr then everyone thinks auburn and cam will fell .everyone wants to put us down but i think auburn and cam newton will be better than most think



Since: Jun 20, 2010
Posted on: July 30, 2011 12:23 am
 

Cam Newton signs $22M guaranteed contract

Cam Newton, the dumber version of Vince Young shouldn't have been drafted first overall and shouldn't be getting this kind of money.  3 weeks before the draft my buddy calls me and says Cam Newton's at my dealership buying a close to $200,000 Astin Martin, before even signing this 22 million dollar contract.  Here's is some good advice for you Newton, put most of your money away, because this will be the last real contract you ever get, although the Eagles did just give VY 5.5 mil for one year.  Then again were talking about the Eagles, who gave a psychotic dog killing scum bag 20 mil this season.   The NFL is starting to be like the NBA, overpaying for players whether their good or not, or commit crimes like rape, hit and runs, manslauter, animal killing, torturing and gambling, and don't forget double murder.    Ray "The Rat" Lewis knows what I'm talking about! 




Since: Jul 3, 2008
Posted on: July 30, 2011 12:17 am
 

Cam Newton signs $22M guaranteed contract

Is he using the same agent he used at Auburn? Just curious ..... Regardless, he's now making a whole lot more than he did at Auburn, for sure.



Since: Aug 2, 2009
Posted on: July 30, 2011 12:04 am
 

Cam Newton signs $22M guaranteed contract

Thanks for the support Artisatool, but rarely do I take offense to those who blog against me.  My history on this site speaks for itsself as far as my assessments go.  I'm a big Skins fan and blogged when they picked up both Shanahan and McNabb last year that neither one of them would be good for the team.  Most specifically, I stated that McNabb was a BIG misstake.  Don't be too hard on Streffy.  The only misstake he made was trying to compare JMarc to Newton--really night and day when comparing their college careers and abilities.  I will add that Cam did put up some very impressivle numbers passing the ball last year.  Even though I only mentioned him running the ball, he can most surely pass the ball.  I'd like to add that the kid from VTech, Jarrod Taylor, can also pass the ball very well for a running QB.  It would be something to see him make a team and prove it right.



Since: Mar 29, 2011
Posted on: July 30, 2011 12:03 am
 

Cam Newton signs $22M guaranteed contract

Do you think he will pay his Dad back that money he took from the Auburn donors? Doesn't really matter now, does it?



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