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Reports: Cam Newton comes to terms with Panthers

07.29.11 at 6:33 pm ET

First-overall pick Cam Newton agreed to a four-year contract with the Panthers Friday evening, according to multiple reports. The deal is believed to be for $22 million, all of which is guaranteed. The deal includes an option for a fifth year that is included for all first-round picks under the new collective bargaining agreement.

Newton threw for 2,854 yards and 30 touchdowns while running for 1,473 yards and 20 scores for Auburn last season en route to winning the Heisman trophy. Those numbers made him the consensus No. 1 pick by the time the draft rolled around.

Newton can be considered one of the losers of the new CBA. Last season, 2010 number-one pick Sam Bradford grabbed a six-year, $78 million deal last season with the Rams with $50 million of that being guaranteed. If it is to be assumed that Newton would have received a similar deal, then the former Auburn star would have lost out on $28 million in guarantees.

Read More: 2011 NFL Signings, Cam Newton, Carolina Panthers,
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