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(Reuters) - Dynamic Carolina Panthers quarterback Cam Newton has signed a lucrative five-year contract extension that will keep him with the National Football League team through the 2020 season as he targets the franchise's first Super Bowl.
Though no financial details were revealed by the Panthers, local media estimate the deal to be worth $103 million, with $67.6 million guaranteed for the first three years.
"I'm so thankful for this opportunity," Newton, 26, said during a news conference on Tuesday.