Though no financial details were revealed by the Panthers, local
media estimate the deal to be worth $103 million, with $67.6 million
guaranteed for the first three years.
"I'm so thankful for this opportunity," Newton, 26, said during a
news conference on Tuesday. "I live my life to inspire others, for
that kid in high school or college facing adversity.
"I can't state this enough. This does not change anything about his
dream. It accelerates it.
"My main focus is trying to bring the Lombardi Trophy to the
Carolinas by any means necessary," said the twice Pro Bowler who
became the first player in the NFL to accumulate 10,000 passing
yards and 2,000 rushing yards through his first four seasons.
The Vince Lombardi Trophy is awarded each year to the winning team
of the NFL's championship game, the Super Bowl.
Newton, the first overall pick by the Panthers in the 2011 NFL
Draft, has thrown for 14,426 yards, 82 touchdowns and 54
interceptions during his four-year league career.
He led Carolina to the postseason for the last two seasons while
helping them clinch division titles in 2013 and 2014.
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"I've said all along Cam is our franchise quarterback and we are
absolutely thrilled that we got the extension done," Panthers
general manager Dave Gettleman said in a statement.
"It allows us to do the long-term planning that we need to do to
make sure that he's surrounded with players and that we can continue
to build this team."
(Reporting by Mark Lamport-Stokes in Los Angeles; Editing by Frank
Pingue)
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