Source: Newton and Panthers Closing In on Long Term Deal

Seattle Seahawks vs Carolina Panthers, 2015 NFC Divisional Playoffs

Quarterback Cam Newton and the Panthers are close to finalizing a long-term deal, multiple sources confirmed to David Newton of ESPN.com.

ESPN 730 radio in Charlotte had earlier reported that a deal between Newton and the Panthers was close.

The station, co-operated by former Panthers general manager Marty Hurney, reported the deal could be done as early as Monday and is likely to run through 2020.

Newton, the first pick of the 2011 draft, is in the final year of his rookie contract. Carolina exercised the fifth-year option on that deal last year, meaning Newton was set to make $14,666,666 in 2014 before an extension.

The radio station reported Newton’s new deal, based on the current market, is likely to be worth between $20 million and $21 million a year.

Newton and the Panthers will open up play on the road against the Jacksonville Jaguars.  Tickets for week 1 in Jacksonville start at $40, according to TiqIQ.com.  In Week 2, the Panthers will have their home opener against the Houston Texans.  Tickets to Week 2 start at $45, a slight increase over the opening week. According to Hipmunk.com, fans looking to spend a night after the game can find hotels near the Bank of America Stadium for as low as $65. However, it is slightly cheaper to stay in Charlotte with hotel rates starting at just $39.


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