NFL Media Insider Ian Rapoport reported Monday that Newton and the Panthers are close to agreeing on a long-term deal that would keep him under team control through the 2020 season, according to sources involved in the situation. The deal is expected to be for five years and worth more than $100 million, according to Rapoport.
Rapoport added that the deal came together very quickly after the two sides had little progress in talks through last week. WZGV-AM first reported the news.
Newton is 30-31-1 in his four seasons as a starter, including a 1-2 mark in the postseason. He was named to the Pro Bowl in 2011 and 2013.