Ten days after Cam Newton agreed to terms with the New England Patriots, his arrival became official.
As listed on Wednesday’s NFL transaction wire – and later announced by the organization – the 31-year-old quarterback has signed his contract.
Newton’s one-year deal with New England includes a reported base salary of $1.05 million and a maximum value of $7.5 million when accounting for $700,000 in per-game roster bonuses and $5.75 million in available incentives. In all, $550,000 is guaranteed for the former BCS national champion, Heisman Trophy winner and league MVP out of Auburn.
A Patriots depth chart featuring Jarrett Stidham, Brian Hoyer and undrafted rookies J’Mar Smith and Brian Lewerke is ahead for Newton. He will continue to wear No. 1.
Pick No. 1 overall in the 2011 draft threw for 29,041 yards, rushed for 4,806 yards and totaled 240 touchdowns between the ground and air as a member of the Carolina Panthers.
Newton, who started two games before a Lisfranc fracture sent him to injured reserve last season, was released by Carolina on March 24.