The New England Patriots have agreed to resign Cam Newton to a one-year contract, Boston Globe’s Jim McBride reported.
Newton’s deal with the Patriots is worth a maximum of $13.6 million, but only $3.5 million of it is guaranteed, per a copy of the contract obtained by the Globe. His salary cap amount should be about $5.4 million.
Newton played well early last season, with solid performances against the Miami Dolphins in the opener and a stellar showing in a Week 2 loss to the Seattle Seahawks, where he threw for 397 yards.
However, a bout with COVID-19 hurt Newton and the Patriots as the season went on and the Patriots missed the postseason for the first time since 2008.
Newton showed that he can still be a dual-threat quarterback, rushing for 592 yards and 12 touchdowns. The Patriots plan on drafting a quarterback in this year’s draft, thus the one-year contract.
Details of Cam Newton’s contract:
- $2 million signing bonus
- Fully guaranteed base of $1.5 million
- $100,000 off-season workout bonus
- $88,000 bonus for every game he is active
- $500,000 for making the playoffs
- $500,000 for making the Pro Bowl on the original ballot
- $500,000 for earning first- or second-team All Pro
- $500,000 for every postseason win in which he plays 50 percent of the snaps
- $1.5 million for winning the Super Bowl and playing 50 percent of the snaps, and another $1 million for winning Super Bowl MVP.